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I don't see how VAT can raise enough for UBI, it needs income tax as well. edit "I would say it would need income and corporation tax as well" (makes it a bit
by KaiserPro 5y ago
I don't see how VAT can raise enough for UBI, it needs income tax as well.
edit "I would say it would need income and corporation tax as well" (makes it a bit clearer that its a personal assertion rather than researched.)
- loceng 5y agoYou may eventually be able to do it just with VAT; Andrew Yang doesn't like income tax, taking money away for work they're doing, but he hasn't put that forward as a policy proposal yet - ideally better to implement things step by step.