3 ms·
Sure, but Alice's and Bob's grocery stores expenses have risen, right? Because taxes have risen to support BI.
by sliverstorm 12y ago
Sure, but Alice's and Bob's grocery stores expenses have risen, right? Because taxes have risen to support BI.
- vidarh 12y agoBut their demand has risen, which may help them secure better deals with suppliers. It is not automatically a given that their overall costs would increase. Also, even if they do raise prices, the price rise will be averaged over all their customers, most of whom will be spending far more than whatever the added spend from basic income would be, so will alter the degree of redistribution and the cost, not in any way eviscerate the benefit to those it is meant to help.
- mikepurvis 12y agoIt's far from clear exactly how much of a tax rise would be necessary. Present social assistance programs are astoundingly wasteful and could be by and large replaced with a simple BI scheme. Of course, there might be a bunch of social workers, bureaucrats, administrators, and other folks living on BI as their primary income for a while, but part of the point of the system is to take away the stigma of that.