How UBI comes to America - the Obamacare repeal

Started by ergophobe, February 17, 2017, 11:30:18 PM

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ergophobe

From an article on the Republican plan to replace Obamacare

QuoteSome conservatives say they oppose the idea because it could amount to a new government subsidy by allowing people to receive a larger credit than they pay in taxes.

https://www.bloomberg.com/politics/articles/2017-02-17/conservatives-object-to-obamacare-replacement-s-tax-credits

So, is a tax credit, that everyone gets, even if it's greater than the taxes they pay, a UBI? Maybe not, because I suppose the credit phases out beyond earnings and is not available if you have insurance through an employer, etc etc. Still, thought LM might be interested.

Drastic

Yeah that's one way to word/approach it and it gets by the general public. Especially since some get more back more than they pay in now.