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0 pointsmbesto10y ago0 comments

This is awesome. This is my favorite interpretation of a basic income and how it might fit in a capitalist society:

https://en.wikipedia.org/wiki/Negative_income_tax

https://www.youtube.com/watch?v=xtpgkX588nM

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2 comments · 1 top-level

Removing minimum wage is a very important aspect because it allows teens to get experience early. Nothing kills teenage employment rates better than a 20$/hr mandate.

soperj10y ago

Or just do what Australia does and have a different minimum for teen agers...

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