God forbid ๐Ÿ™„๐Ÿšฉ๐Ÿ˜ค๐Ÿดโ€โ˜ ๏ธ #minimumwage #paypeople #negativeincometax #usa #altleft #nokings

November 09, 2025 at 06:01AM

via ig https://instagr.am/p/DQ1cCCOEYT8/ #ellars

JAMES ELLARS on Instagram: "God forbid ๐Ÿ™„๐Ÿšฉ๐Ÿ˜ค๐Ÿดโ€โ˜ ๏ธ #minimumwage #paypeople #negativeincometax #usa #altleft #nokings"

Raising the minimum wage in the US is a topic of ongoing debate. While some argue it could harm the economy, others believe it would have a positive effect. In this video, we explore the pros and cons of raising the minimum wage and how it could benefit workers, businesses, and the community. From the impact on poverty rates to the potential for economic growth, we dive into the details of why a higher minimum wage is a good thing for the US economy. #minimumwage #economy #usa #poverty #economicgrowth

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Flying pigs aka trickle down economics ๐Ÿ–๐Ÿท #taxtherich #NegativeIncomeTax #snap #ebt #altleft

November 05, 2025 at 10:39PM

via ig https://instagr.am/p/DQs7DDnjCDl/ #ellars

JAMES ELLARS on Instagram: "Flying pigs aka trickle down economics ๐Ÿ–๐Ÿท #taxtherich #NegativeIncomeTax #snap #ebt #altleft"

Exploring the concept of trickle-down economics, where tax breaks for the rich are meant to stimulate economic growth and create jobs, but often end up benefiting those who already have wealth. Learn about the negative effects of this economic policy on individuals and society as a whole. #taxjustice #economicinequality #trickledowneconomics

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The Ministry of Finance is preparing to implement a full-scale Negative Income Tax system in 2027 to provide targeted support for low-income citizens, while also considering a VAT increase to boost state revenue.

#Thailand #NegativeIncomeTax #VAT #NIT

https://www.thaienquirer.com/58607/ministry-of-finance-plans-2027-negative-income-tax-to-target-low-income-aid-signals-possible-vat-hike/?utm_source=mastodon&utm_medium=jetpack_social

It really is striking to me how many people would have so many problems solved for like an entire year if someone just handed them $1,000...

Like, seeing someone recently getting pulled out of a rent-hole by a little under $1,000 of #MutualAid over the course of a few months, before they had to do something that put them in debt, really drives home the realization that just giving people a little extra money, as in #UBI or #NegativeIncomeTax, can go a long way in stabilizing their finances...

"The negative income tax is a way to provide people below a certain income level with money.

"In contrast to a standard income tax, where people pay money to the government, people with low incomes would receive money back from the government."

Negative income tax, explained | MIT Sloan https://mitsloan.mit.edu/ideas-made-to-matter/negative-income-tax-explained

#ubi #universalbasicincome #negativeincometax #taxes #incometax #incomesecurity #inequality #government

Negative income tax, explained | MIT Sloan

Could a negative income tax replace the welfare system?

MIT Sloan

โ€œPaying taxes and obeying regulations is part of the purchase price of the right to control, use, or use-up any good made partly out of natural resources (i.e. all goods), because doing so interferes with people who control, use, or use-up fewer natural resources. A sufficient portion of that tax revenue has to be redistributed in the form of a Universal Basic Income to ensure the property system is in the interest of everyone.โ€

karl widerquist has written/ co-authored extensively on topic of #UniversalBasicIncome (UBI) in various forms e.g. #NegativeIncomeTax (NIT) or #BasicIncomeGuarantee (BIG) โ€ฆ

this page has links to books and papers available for free download

https://widerquist.com/books-3/

Books โ€“ Karl Widerquist

@abff08f4813c

A negative income tax would indeed eliminate the moral hazard - if it replaced all other benefits. I can see that being a win individually, economically, and socially.

Is that the sort of proposal you would support?

#NegativeIncomeTax #UBI #taxes #benefits

I see the #UniversalBasicIncome debate has reignited in Brexitania, and on antisocial media at least it appears to be going down like a bag of sick, with references aplenty to removing incentives to get lardy arses off sofas.

Reframe #UBI as #NegativeIncomeTax, and even the swivel-eyed 'libertarians' are in favour of it. The problem here is one of communication.

https://www.bbc.co.uk/news/uk-65806599

Universal basic income: Plans drawn up for ยฃ1,600 a month trial in England

Thirty people would get a monthly lump sum for two years, under a think tank's scheme in England.

BBC News
@evan @mpjgregoire #NegativeIncomeTax and #UBI are just minor variations on the same theme, either one would be a huge improvement on the status quo.