Tuesday, October 11, 2016

Bip v Eip

Basic or earned ?

Amounts either way being  equal
Both universal where applicable
Bip : Citizen over 18 v  Eip : citizen job  hourly totals

with  progressive income tax schedules as the only offset

Those ground rules

Remove much of the preference for Eip


Eip higher because earned
Bip lower because not earned

What remains if the two are roughly equal in sustained public outlay ?

The impact on market based wage rates
What else ?