Quote:
Originally Posted by bizaro86
Agree completely. I meant the comment that the rich will pay theirs back in tax only as a reason not to means test it, not that it could conceivably be paid for by only the rich. For UBI everyone needs to pay, and pay a lot.
With progressive taxation there will be a breakeven somewhere, and everyone above that income level will be worse off with UBI. How high that level is depends on what type of taxes are used to fund it, but it won't be a 6 figure number or anywhere near that likely.
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I misread that. Rereading your post it is clear that you weren’t just saying the rich would pay.