2 ms·
Not necessarily? Not that we've had one recently at the federal level, but there are multiple studies that show that state or city level minimum wage bumps tend
by FireBeyond 9mo ago
Not necessarily? Not that we've had one recently at the federal level, but there are multiple studies that show that state or city level minimum wage bumps tend to show an increase in average rental price, by the same percentage, within sometimes as few as four months.
- triceratops 9mo agoYou have to live in or near the city to collect the higher minimum wage. With UBI you could live anywhere. Even outside the country maybe. They aren't comparable.
- kiba 9mo agoUBI doesn't fix this because whereever someone live will start the process of someone absorbing income, regardless if it's income or not. You need to break the chain between income of people and land ownership by taxing land ownership.
- triceratops 9mo agoLand ownership is taxed. With UBI someone could buy land out in the boonies and put down a trailer and just live there.