Greg Harvey shared a link.
"Let’s discuss this honestly: our Earned Income Tax Credit seeks to do the same thing as Universal Basic Income by bundling the subsidy as an incentive to those who work.
It lowers their labor rate while ensuring adequate support especially for households with dependents.
It lowers their labor rate while ensuring adequate support especially for households with dependents.
True conservatives can understand economic arguments and at least acknowledge when they work.
EITC works by assuring a worker has access by not being priced out of the labor market to acquiring and refreshing essential work skills.
EITC works by assuring a worker has access by not being priced out of the labor market to acquiring and refreshing essential work skills.
UBI? There is very little to hope for the efficacy of a direct transfer payment other than this: conservatives understand the value of block grants: it gets the federal government out of the business of determining how the states solve specific problems.
Generally less red tape is better.
Generally less red tape is better.
I do not believe UBI—anymore than food stamps—would be essentially improved by additional regulation on how it is used.
I also am skeptical of whether it is sustainable.
See California or New York for what happens when you subsidize poverty by offering “support” to all comers.
You get more comers than you could ever imagine to the point that your more valued residents become goers."
See California or New York for what happens when you subsidize poverty by offering “support” to all comers.
You get more comers than you could ever imagine to the point that your more valued residents become goers."
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