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That's assuming this never results in a single job not getting done. For example, I'd stop working and just live on rents, some trading, how many would do the s
by spwa4 2y ago
That's assuming this never results in a single job not getting done. For example, I'd stop working and just live on rents, some trading, how many would do the same?
This is a more general problem with UBI of course, they all depend on a global desire for every single individual to contribute to society. And here I am, I don't think more than 10% or so of people feel that need. Of course 50% just outright can't, due to being too young or too old.
And assuming you're figures are correct that would already drop $1500 to $750, which wouldn't cover rent at all.
- bryanlarsen 2y agoMost people living on rents make above average income. They'd pay more in increased taxes than they'd get from UBI. The $1500 was after taxes. If it wasn't, the average person would end up paying more in taxes than they receive in UBI. The goal was to net the average person to $0.
- spwa4 2y agoSo how much increased tax on everyone is there? Basically 100% tax on everything over 1500?
- bryanlarsen 2y agoOn the order of 15% more, which puts top tax bracket above 50%.