3 ms·
UBI is often combined with the idea that increases in automation hurt job growth, especially low income ones. But, of course, this bill isn't funded through ta
by 013a 7y ago
UBI is often combined with the idea that increases in automation hurt job growth, especially low income ones.
But, of course, this bill isn't funded through tax increases on businesses or the wealthy. Its funded through a tax increase on non-essential goods and services.
Insane.
- Retric 7y agoThese can be functionally equivalent as profits are eventually spent by somebody. The real question is not what general tax system you use, but rather what you exempt from the taxes. That and how much profit from other areas ends up in California vs profit from California ending up in other areas etc.