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>> UBI does not come from an employer and is not tied to an effort Where do you think government's money come from? Financing UBI will require raising taxes.
by mamon 6y ago
>> UBI does not come from an employer and is not tied to an effort
Where do you think government's money come from? Financing UBI will require raising taxes.
- austincheney 6y agoFor my thoughts on taxes please see my comment further down: https://news.ycombinator.com/item?id=24005134 https://news.ycombinator.com/item?id=24005134
- fragmede 6y agoMoney at the government level is not a zero-sum game, so thinking it's as simple as raising taxes is an oversimplification, and while unchecked printing of money is problematic leading to inflation, how the monetary base grows would need to be part of a well-considered implementation plan.