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By that reasoning, direct cash disbursement charities like GiveDirectly would fail miserably. But they've been shown to work extremely well. People in general u
by starpilot 8y ago
By that reasoning, direct cash disbursement charities like GiveDirectly would fail miserably. But they've been shown to work extremely well. People in general understand how to allocate their own money better than the government does.
- RhysU 8y ago> People in general understand how to allocate their own money better than the government does. Mwuh ha ha! Then why levy taxes for anything?!
- scotty79 8y ago> Then why levy taxes for anything?! Because people owning tanks and bombs want to be paid for not using them.
- AnthonyMouse 8y agoThe people receiving government assistance are not expected to be the same people paying net taxes to fund it. Although the existing system is so asinine that sometimes they are, which is just another reason to replace it.
- dragonwriter 8y agoInternalizing externalities.
- closeparen 8y agoKnowing how best to allocate money != having enough of it.
- DougN7 8y ago“People in general” don’t need UBI. The exceptions are why the safety nets exist.
- tathougies 8y agoUnder a traditional UBI system, most people won't get money from the goverment. A UBI as the libertarians described it is basically a negative income tax. If your job pays $20k/year and the UBI level is $10k/yr, for example, then you will not receive anything. However, if your job pays $5k/year, and the UBI is $10k/yr, you receive $5k a year.