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Taxes pay for it, just like they pay for existing benefits schemes. In theory, we could eliminate many of the means-tested approaches we currently use, which im
by stouset 3y ago
Taxes pay for it, just like they pay for existing benefits schemes. In theory, we could eliminate many of the means-tested approaches we currently use, which impose significant overhead costs from the means-testing. Do those taxes come primarily from industries which are profiting from disrupted heavily labor markets? Do they come from general income taxes, or corporate taxes, or something else? All of these are interesting discussions to have, but "yes but who pays for it" isn't an argument not to do it.
And I genuinely have no idea what you're even getting at with your second question. Nobody? The market? What does UBI have to do with individuals becoming rich?