3 ms·
> Those two don't even begin to cover anything near a UBI needs. Agreed, but then it's not a black hole as it will be spent, incurring sales taxes, feed into c
by Zenst 6y ago
> Those two don't even begin to cover anything near a UBI needs.
Agreed, but then it's not a black hole as it will be spent, incurring sales taxes, feed into companies, taxation again. So a fair percentage will already feedback.
However, the tax system needs fixing before that and many loopholes need closing and the whole system simplified as the current complexes mess just creates loopholes that those with lots of money can and do abuse. So until the whole tax system is sorted, many things will just fail or become another bolt-on kludge and doomed to fail.
> be sure that it doesn't screw those already on SS, and post here
Not sure how you would discern that, but a rather glib thing to be saying and naive at a time when many will be out of work. Though I'm sure that was not the intention and probably better of with a quote by Margaret Thatcher “The problem with socialism is that you eventually run out of other people's money.”