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So you index the UBI to inflation so that when the capital owners raise prices we just extract more money from them in taxation.
by undersuit 4y ago
So you index the UBI to inflation so that when the capital owners raise prices we just extract more money from them in taxation.
- scotty79 4y agoThat's just inflation and inequality spiral. You'd need to extract taxes more efficiently from landlords. My idea for that is progressive property tax. The more property you own, the higher percentage of its value you pay each year as a tax.
- undersuit 4y agoI think additional taxation needs to happen regardless. Right now and a UBI future. We're already in a spiral.
- mansion7 4y agoRemove the profit incentive to build, manage, and maintain housing, in the midst of a housing "crisis"? It's so crazy, it just might work!
- scotty79 4y agoThe main incentive to build and to maintain should be to have a place to live. Building and buying to rent is cancer of housing. Also a lot of housing is empty because it's more profitable to keep it empty rather than sell.