If, in your definition, basic income is neutral on what the marginal tax rate is, then your statement "We already know how to design a program that won't discourage work. It's called a basic income." doesn't make sense.…
The budget has to balance, so the question is not how much the system costs, but what are the incentive effects on the (wealthier) people who pay for it. If you agree with me that phasing the benefit out slowly "costs a…
(reply in place of broken edit functionality) Actually I think the main reason why we have a high marginal tax rate on low income people, is a deeper reason which is that incentives on the bottom end are more…
And in particular what is really happening is that the disincentive (which is created by any taxation for any purpose) is being spread more evenly throughout the population Agreed, which is why I object to your…
It's a complex issue. But it's something that needs to be made explicit in any discussion, not swept under the rug. I'm not saying I'm able to resolve this issue myself, but I think that basic income advocates need to…
Basic income is a special case of negative income tax. The current welfare system resembles a negative income tax that has a very high marginal tax rate on low income earners (because welfare is means-tested). But…
Fascinating study, and the journal article is free online[0]. It's an observational study, but of a single occupation and large N, with many other factors accounted for[1]. My take is that coffee, like other…
That part was meant to be funny, though it's also true.
I will probably get bored of it, but the sandwich is also a sweet spot in terms of preparation time vs healthiness. It also depends how much you like avocado. One avocado over two sandwiches is a lot, and I select…
This might still be on the complex side, but I've been doing this diet on and off for about 2 months. I created a webapp to do the simple math of counting calories and other macros, but a simple spreadsheet would also…
If, in your definition, basic income is neutral on what the marginal tax rate is, then your statement "We already know how to design a program that won't discourage work. It's called a basic income." doesn't make sense.…
The budget has to balance, so the question is not how much the system costs, but what are the incentive effects on the (wealthier) people who pay for it. If you agree with me that phasing the benefit out slowly "costs a…
(reply in place of broken edit functionality) Actually I think the main reason why we have a high marginal tax rate on low income people, is a deeper reason which is that incentives on the bottom end are more…
And in particular what is really happening is that the disincentive (which is created by any taxation for any purpose) is being spread more evenly throughout the population Agreed, which is why I object to your…
It's a complex issue. But it's something that needs to be made explicit in any discussion, not swept under the rug. I'm not saying I'm able to resolve this issue myself, but I think that basic income advocates need to…
Basic income is a special case of negative income tax. The current welfare system resembles a negative income tax that has a very high marginal tax rate on low income earners (because welfare is means-tested). But…
Fascinating study, and the journal article is free online[0]. It's an observational study, but of a single occupation and large N, with many other factors accounted for[1]. My take is that coffee, like other…
That part was meant to be funny, though it's also true.
I will probably get bored of it, but the sandwich is also a sweet spot in terms of preparation time vs healthiness. It also depends how much you like avocado. One avocado over two sandwiches is a lot, and I select…
This might still be on the complex side, but I've been doing this diet on and off for about 2 months. I created a webapp to do the simple math of counting calories and other macros, but a simple spreadsheet would also…