push people into a higher tax bracket therefore their after tax income will not be 1000 more and for the richest they should be taxed more than they revive from the UBI
You will never be taxed more than you receive. Who taught you that all your money is taxed at a higher rate when just 1000 is in a higher bracket? It wasn’t the instructions on your tax return. Did Joe Rogan become an economist too?
You will never be taxed more than you receive. Who taught you that all your money is taxed at a higher rate when just 1000 is in a higher bracket? It wasn’t the instructions on your tax return. Did Joe Rogan become an economist too?
I think you read the comment wrong.
When you earn a billion dollars, you’ll pay $250 million in taxes, and receive $10,000 in UBI. You are, indeed, taxed more than you receive.