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re: Andrew Yang on Google, Amazon helping pay for his $1,000-per-month UBI plan
Posted on 8/20/19 at 1:25 pm to Bard
Posted on 8/20/19 at 1:25 pm to Bard
quote:
Finland.
Ontario, Canada.
The US (see: Negative Income Tax Experiment).
none of those are UBI. They all went to a targeted segment of the population, and were not Universal.
I wrote about why the Finland experiment was not UBI. The Negative income tax is not universal, it is means tested, as you have to have very little income.
The Ontario experiment failed because it required a 50% income tax on anything you earn on top of the UBI.
None of these pilot programs represent what UBI is.
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