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cmuratori's profile
Casey Muratori
Casey Muratori
Casey Muratori
@cmuratori

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Casey Muratori

@cmuratori

I'm worried that the baby thinks people can't change.

Seattle
caseymuratori.com
Joined March 2009

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    1. Casey Muratori‏ @cmuratori 1 Mar 2019

      @Jonathan_Blow Another way to think about basic income is to simply say that you want to add a constant term into your income equations. It's really not complicated or weird. If an equation for income was f(?) before, f'(?) = f(?) + C now.

      3 replies 1 retweet 17 likes
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      Casey Muratori‏ @cmuratori 1 Mar 2019

      There's really nothing weird about that, and the only real argument you can have about it is what C should be. It's obviously _possible_ that C should be 0, but it does seem more likely that it is some non-zero value, since there are a lot more of them :)

      8:08 PM - 1 Mar 2019
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      3 replies 0 retweets 13 likes
        1. New conversation
        2. Rowan Crawford‏ @Sumaleth 1 Mar 2019
          Replying to @cmuratori @Jonathan_Blow

          C is essentially a reformulation of tax in a manner that the amount of tax you pay is not always >= 0

          1 reply 0 retweets 0 likes
        3. Casey Muratori‏ @cmuratori 1 Mar 2019
          Replying to @Sumaleth @Jonathan_Blow

          Not exactly? Tax is a function of your other income, so it is (at least) linear, never constant. It's like f(x) = a*x. Basic income is a fundamentally different equation - like f(x) = a*x + b. Right? It's not that different from just saying "let's switch from linear to affine".

          1 reply 0 retweets 1 like
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        1. guillaume chereau‏ @guillaumecherea 1 Mar 2019
          Replying to @cmuratori @Jonathan_Blow

          The good thing with universal income is that it’s easy to set up, and it doesn’t encourage people to lie about their incomes. Mix it with money creation redistribution and I feel that we wouldn’t even need other tax.

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        2. Tom Forsyth‏ @tom_forsyth 1 Mar 2019
          Replying to @cmuratori @Jonathan_Blow

          People completely accept the idea of a basic de-income (i.e. taxes). And they accept that below a certain amount you pay nothing. It's bizarre they can't accept that hey maybe below that "pay zero" level, the tax amount flips sign as well?

          1 reply 0 retweets 13 likes
        3. rick ross‏ @NitramXel 2 Mar 2019
          Replying to @tom_forsyth @cmuratori @Jonathan_Blow

          Negative income tax! https://en.wikipedia.org/wiki/Negative_income_tax …

          1 reply 0 retweets 0 likes
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