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I think everyone should go first debate what Milton Friedman proposed: the negative income tax. The negative income tax has the virtue of at least restart the
by jokoon 13y ago
I think everyone should go first debate what Milton Friedman proposed: the negative income tax.
The negative income tax has the virtue of at least restart the debate on how much taxes should companies pay. Why aren't taxes progressive ? Why are there still oil subsidies ? Why are many companies still able to dodge taxes ?
The basic income cannot happen if the government cannot pay for it. Maybe s very low basic income at something like $3000 or $5000 per year would be nice to experiment, but until then, politically with that congress, and considering the electorate and how hated the poor are, it's just impossible.