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veen  ·  2555 days ago  ·  link  ·    ·  parent  ·  post: Sam Altman: American Equity

I recently read an article by a Dutch UBI pundit who changed his mind and came to the conclusion that a 'real' UBI is unreasonable, but that a negative income tax might be a good way to achieve the goals of UBI: a basic level of security for everyone. It would cost around €4-€5 billion over here, which is not insanely high compared to the €6 billion subsidies for fossil fuel and €14 billion in mortgage interest deduction our government already spends.