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> we'll have the same amount of production, it just won't be people doing them. So if you fund basic income with a tax on the corporations doing that production
by NoMoreNicksLeft 12y ago
> we'll have the same amount of production, it just won't be people doing them. So if you fund basic income with a tax on the corporations doing that production
Those corporations will have less revenue. There won't be many blue-collar types buying new clothes dryers and bigscreen televisions. They can reduce prices to try to increase demand, but there on the wrong side of some sort of reverse Laffer curve.
- DennisP 12y agoAssuming no basic income, you're right.