Basic income is not tied to any particular funding mechanism. There’s no reason it would need to come from inefficient corporate taxes, for example, and if coming from personal income taxes, it could be designed with minimal change to post-tax-post-transfer income including for the wealthy.
Co-founder & CEO of PolicyEngine. Founder & president of the UBI Center. Economist. Alum of UC Berkeley & MIT. YIMBY. CCLer. Former Google data scientist.
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