Creedy, John (contributor); Hérault, Nicolas (contributor); … - 2008
an integrated
‘basic income — flat tax’ structure (or BI—FT) which has no role for a tax-free threshold
but instead …) with a basic income of at and a flat tax rate t. This characteristic provides a motivation
for eliminating the tax … income below a.
14
Clearly, G(0) = 1,and
a proportional, or flat, tax raises R = t¯y per person.
Eliminating the tax …