4 ms·
> That'll be pretty much the increase in pay multiplied by how much of the cost of a product/service is labor, for all things your might have to buy, which incl
by regularfry 6y ago
> That'll be pretty much the increase in pay multiplied by how much of the cost of a product/service is labor, for all things your might have to buy, which includes housing, health care, food.
Not quite. Employers would be able to reduce salary costs by an amount more than the UBI, because of tax band effects, so costs of production for a bunch of stuff goes down.