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Khelavaster
on Dec 25, 2022
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UBI Does Not Require Tax Rates of 40 to 60 Percent
This is flat-out wrong. UBI isn't universal if you only get $50,000 UBI after earning $50,000.
This is a situation where your net tax is 50%, and marginal tax on work is still 100%.
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This is a situation where your net tax is 50%, and marginal tax on work is still 100%.