In case you missed my latest article, I try to explain in it how welfare inflicts large marginal tax rates on welfare recipients that can go far beyond the tax rates even the richest face, and that universal basic income involves much lower marginal tax rates.
Additionally, phaseouts are a form of income tax applied to recipients in the p…
Thanks Scott!
Two more reasons for favoring UBI over any alternative that’s means-tested, involves phaseouts, or otherwise doesn’t give each eligible recipient the exact same amount of money – ones I’m sure you’ve touched on elsewhere?
There’s zero stigma or shame in receiving it, since everyone gets it.
(People who aren’t receiving the full amount from a government benefits program, or are excluded entirely from it, can often be resentful at those who do receive such support. And there’s often s…