this post was submitted on 05 Oct 2024
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[–] [email protected] 1 points 4 hours ago

The difference it not billionaires but the middle class.

No. The difference you imagine would be due to the specific tax rate applied, not due to "everyone gets a flat 1000 Euro payment and pays a flat 50% tax" vs. "The tax bracket for people with income under 2000 Euro is negative". Do the maths: With 1000 Euro and 50%, the break-even point, where you pay exactly as much tax as you get in UBI, is 2000 Euro income.

You're getting tangled up in irrelevant details. The "universal" part is about not having means testing, about not having to take on every fucked-up job the dole office throws at you. It's about the net amount in your pocket, not how it's calculated.