3 ms·
LVT isn't sufficient to fund UBI, it's necessary to make sure UBI doesn't have additional distortionary effects. Property taxes are really not a good comparison
by xvedejas 6y ago
LVT isn't sufficient to fund UBI, it's necessary to make sure UBI doesn't have additional distortionary effects. Property taxes are really not a good comparison for LVT, since they tax property improvements too much and the land itself too little. Calibration is important.