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That assumes that the only reason anyone would ever do anything that makes money is to get paid. That's not the case.
by imgabe 10y ago
That assumes that the only reason anyone would ever do anything that makes money is to get paid. That's not the case.
- chongli 10y agoNo, it doesn't. That assumes that the only reason anyone would do a job is to get paid, which is true a priori. Plenty of people do volunteer work without getting paid for it. Perhaps a lot more would if they were on a 25k basic income. That doesn't change the fact that what you described above featured a 100% tax rate on all income below 25k.