2 ms·
If you are now earning enough/lot, you get UBI, but it is all taxed away anyway. So in the end high income people will not gain anything net. On other side bas
by Ekaros 2y ago
If you are now earning enough/lot, you get UBI, but it is all taxed away anyway. So in the end high income people will not gain anything net.
On other side basically nearly all of UBI will be spend, thus generate economic activity and come back in taxes in various ways such as sale or income or corporate.
- michaelt 2y ago> On other side basically nearly all of UBI will be spend, thus generate economic activity and come back in taxes in various ways such as sale or income or corporate. By that rationale, can the government hire $2-3 trillion of teachers, cops and college professors for only $539 billion?