3 ms·
Under UBI the payment and coverage of UBI would be one of, if not the, largest expenditures of government. Vital to getting votes will be keeping the amount re
by brador 10y ago
Under UBI the payment and coverage of UBI would be one of, if not the, largest expenditures of government. Vital to getting votes will be keeping the amount received steady and high. And that might mean printing money if necessary.
With land tax the system is self correcting and balanced. With the taxes you mentioned you'd eventually get the inflationary spiral as a market correction.
- chimeracoder 10y ago> Vital to getting votes will be keeping the amount received steady and high. And that might mean printing money if necessary. Maybe, but that's very different from what you said, which is that '[difficult times] means less income to spread around, the solution, print more money = inflation'. > With land tax the system is self correcting and balanced. Er, no - if anything, a property tax would reinforce inflation. > With the taxes you mentioned you'd eventually get the inflationary spiral as a market correction. Maybe you meant to respond to someone else? I didn't talk about any taxes. I only mentioned tax cuts as an actual example of expansionary fiscal policy to address the 'less income to spread around' problem, not as a proposal for funding income redistribution.