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because the argument was that with UBI you would have a loss of income tax and since that is the only tax available to the government, you have a complete loss
by bosie 7y ago
because the argument was that with UBI you would have a loss of income tax and since that is the only tax available to the government, you have a complete loss of tax. if you are shifting to a consumption tax, you would not have a loss.
- gruez 7y ago>if you are shifting to a consumption tax, you would not have a loss. Isn't that just a matter of accounting? If you're going to give people free money, then tax them on it, it's equivalent to simply giving them less free money. In the end you're still taxing the working people.