Scott Santens responds to a widely publicized claim originally made in The Economist that basic income would entail a 60% rise in income tax and is therefore unaffordable. Santens lays out a step-by-step calculation which arrives at the conclusion that poverty-alleviating basic income would generate negative income taxes – i.e. tax rebates – for the overwhelming majority of US households.
Scott Santens “The Basic Affordability of Basic Income.” Huffington Post, 27 May 2015