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My view on taxes is that it’s already the government’s money. Redistributive policies aren’t different in moral character from eg setting an interest rate. The
by jchanimal 7y ago
My view on taxes is that it’s already the government’s money. Redistributive policies aren’t different in moral character from eg setting an interest rate. The most valuable thing about UBI is that it creates the conditions for a free market in labor. I can only guess that would be better for the economy than the current state of forced labor.
- mech1234 7y agoWhy is it already the government's money?
- jchanimal 7y agoThey print it and they defend its value by providing a legal and defense framework within which the market operates. If it is better for the economy that quantitative easing happen via cash payouts to the people rather than via capital injections to banks, the government has the purview to do that.
- zoonosis 7y agoIt is hard to justify government control of the money supply with the argument that they protect its value when you look at the value of the dollar over the past hundred years.