this post was submitted on 09 Jan 2024
321 points (91.7% liked)

Showerthoughts

29728 readers
1119 users here now

A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.

Rules

  1. All posts must be showerthoughts
  2. The entire showerthought must be in the title
  3. Avoid politics
    1. NEW RULE as of 5 Nov 2024, trying it out
    2. Political posts often end up being circle jerks (not offering unique perspective) or enflaming (too much work for mods).
    3. Try c/politicaldiscussion, volunteer as a mod here, or start your own community.
  4. Posts must be original/unique
  5. Adhere to Lemmy's Code of Conduct-----

founded 1 year ago
MODERATORS
 

Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

you are viewing a single comment's thread
view the rest of the comments
[–] postmateDumbass@lemmy.world 1 points 10 months ago

Earned Income Tax Credit

This is not basic income. It is a tax credit.

Basoc income is a monthly payment. It helps pay the bills. The payments can be relied upon.

Tax Credits never pay the bills. They arrive (maybe) once a year. Canmot relt on the ammount or if it will come at all.

Tax credits help wealthy people they do not help poor people struggling to make it month to month.

RE: administrative costs Adding to the IRS workload drives up costs.

Just issue a UBI to every living SSN. Distribute via electronic transfer. Almost free overhead. Simple. Done.

Means testing is wasteful.