Flat rates at the maximum tax rate and an UBI that replaces the progressive tax system. Where is that 33% coming from? That clearly isn’t the maximum tax rate in your jurisdiction.
I’m aware that there are different progressive tax systems. But to my knowledge they all have a maximum tax rate. One that’s, by definition, higher than any other possible tax rate
i don’t see why you can’t have ubi and progressive taxation at the same time. you can tailor the curve to work with the extra money. you can even set the maximum rate at 100% for people who earn more than, say, 10M a year.
Flat rates at the maximum tax rate and an UBI that replaces the progressive tax system. Where is that 33% coming from? That clearly isn’t the maximum tax rate in your jurisdiction.
I’m aware that there are different progressive tax systems. But to my knowledge they all have a maximum tax rate. One that’s, by definition, higher than any other possible tax rate
no it’s the normal level. the 48% is the maximum.
i don’t see why you can’t have ubi and progressive taxation at the same time. you can tailor the curve to work with the extra money. you can even set the maximum rate at 100% for people who earn more than, say, 10M a year.
It would just be pretty redundant. And a flat tax rate is a lot more transparent
it also tends to hit poor people harder.
And a UBI helps poor people more. If you want to help them even more still, just raise the UBI