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I prefer Andrew Yang's method of adding on a general value added tax in addition to providing a basic income. This ensures a distribution of wealth that guarant
by lawrenceyan 7y ago
I prefer Andrew Yang's method of adding on a general value added tax in addition to providing a basic income. This ensures a distribution of wealth that guarantees a minimum base while not discouraging people from aiming higher by forcing a cap on income.
- mcv 7y agoI support basic income, but I'm not a big fan of value added tax. It's a corporate tax that ends up being paid by consumers. Investments and buying abroad is often except, so it ends up as a somewhat regressive tax.
- lawrenceyan 7y agoSo something in the vein of an increased capital gains tax?