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From an income redistribution standpoint giving $500 and mostly getting less back can make sense. If you give $500 to 10 people and get zero back, but one of th
by 6gvONxR4sf7o 7y ago
From an income redistribution standpoint giving $500 and mostly getting less back can make sense. If you give $500 to 10 people and get zero back, but one of those people earns a billion dollars per year, it could be still be fine. Either way, it's an important datapoint. It should be an intentional decision to do it as wealth redistribution if that's the way we want to go, rather than pretending it's something it isn't.