{"insight":{"id":"112058457","lede":"Individuals earning €48k per year would pay €24k in taxes, while receiving the €12k UBI, yielding €12k in net taxes, for a 25% net tax rate. At the top, individuals earning €600k would pay a net tax rate of 48%.","slug":"a-eur12-000-year-ubi-paired-with-a-50-flat-tax-would-yield-a-progressive-tax-burd","title":"A €12,000/year UBI paired with a 50% flat tax would yield a progressive tax burden distribution. No one earning below €24k pays net taxes.","showTitleAsQuote":false,"epistemicStatus":"empirical","reports":[{"id":"19519421","title":"Basic Income","slug":"basic-income"}],"tags":[{"slug":"safety-net","name":"Safety Net","id":"102567776","lede":"

The safety net refers to government programs that unconditionally assure a minimum amount of welfare that no citizen can fall below.

\n\n

Examples of safety net programs include SNAP benefits (food stamps), Medicaid, and basic income.

\n\n

By way of example, imagine a tight-rope strung across a deep chasm. If falling to the ground poses danger, a safety net is strung to catch anyone who falls, mitigating the danger.

\n","ledeExcerpt":"The safety net refers to government programs that unconditionally assure a minimum amount of welfare that no citizen can fall below.\n\nExamples of safety net programs include SNAP benefits (food stamps), Medicaid, and basic income.\n\nBy way of example, imagine a tight-rope strung across a deep chasm. If falling to the ground poses danger, a safety net is strung to catch anyone who falls, mitigating the danger.","featured":null},{"slug":"welfare","name":"Welfare","id":"23933425","lede":"

Welfare refers to government-sponsored assistance programs intended to ensure that all members of society can meet their basic needs. Examples include social insurance, Medicaid, and disability insurance.

\n\n

The vast majority of welfare spending goes to those who cannot actively participate in the labor market, including children, the elderly, and the disabled.

\n","ledeExcerpt":"Welfare refers to government-sponsored assistance programs intended to ensure that all members of society can meet their basic needs. Examples include social insurance, Medicaid, and disability insurance.\n\nThe vast majority of welfare spending goes to those who cannot actively participate in the labor market, including children, the elderly, and the disabled.","featured":true},{"slug":"tax-burden","name":"Tax Burden","id":"99018007","lede":"","ledeExcerpt":"","featured":null},{"slug":"stability","name":"Stability","id":"23916385","lede":"

We define stability as the resiliency, robustness, and constancy of our nested social, financial, and environmental systems. Stability is the degree to which our systems can withstand stress and maintain their functionality over time.

\n\n

Why do we need stability? All else equal, a stable society is preferable to an unstable society. Stability - the product of the harmonious interaction between parts, or interwoven systems - protects against uncertainty and decay. For example, a healthy body regulates its blood glucose levels to provide cells with their required energy. Too much glucose makes cells sticky, with a paralyzing effect. Too little glucose starves them. What's important is the constancy of glucose regulation within functional limits, and the resiliency to maintain this regulation amidst adversity.

\n\n

Instability occurs when systems transgress functional limits, causing the breakdown of other systems and suffering for those who depend on them. When interlocking systems remain stable, they provide a fertile foundation for positive expectations that fuel investments in progress and broad cooperation throughout society.

\n","ledeExcerpt":"We define stability as the resiliency, robustness, and constancy of our nested social, financial, and environmental systems. Stability is the degree to which our systems can withstand stress and maintain their functionality over time. \n\nWhy do we need stability? All else equal, a stable society is preferable to an unstable society. Stability - the product of the harmonious interaction between parts, or interwoven systems - protects against uncertainty and decay. For example, a healthy body regulates its blood glucose levels to provide cells with their required energy. Too much glucose makes cells sticky, with a paralyzing effect. Too little glucose starves them. What's important is the constancy of glucose regulation within functional limits, and the resiliency to maintain this regulation amidst adversity.\n\nInstability occurs when systems transgress functional limits, causing the breakdown of other systems and suffering for those who depend on them. When interlocking systems remain stable, they provide a fertile foundation for positive expectations that fuel investments in progress and broad cooperation throughout society.","featured":true},{"slug":"ubi","name":"Universal Basic Income (UBI)","id":"19519447","lede":"

Universal Basic Income is an unconditional, individual, periodic, cash payment granted to all citizens regardless of income or employment status.

\n","ledeExcerpt":"Universal Basic Income is an unconditional, individual, periodic, cash payment granted to all citizens regardless of income or employment status.","featured":null}],"sources":[{"id":"112058445","lede":"An overview article of universal basic income in the European context, including simple calculations on some details of a €12,000 per year UBI.","link":"https://www.intereconomics.eu/contents/year/2017/number/2/article/on-the-economics-of-a-universal-basic-income.html","slug":"on-the-the-economics-of-a-universal-basic-income","kind":"Article","title":"On the The Economics of a Universal Basic Income","year":"2017-01-01","researchers":[{"id":"112058444","location":"University of Hamburg","name":"Thomas Straubhaar","seoDescription":"","slug":"thomas-straubhaar"}]}]}}