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by bsaunder
3225 days ago
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I think for UBI to work, it has to be paired with a VAT/sales/transaction tax. Its also not a boolean: no UBI or gushing UBI. In fact it seems much more reasonable and palatable to start small with periodic up/down adjustments to keep the economy running (perhaps very similar to the current fed interest rate adjustments). Surely at some modest level UBI is likely to greatly benefit the bottom (who will likely immediately inject the money into the economy). As with anything in life, yes, people will argue over it. That's probably a good thing. |
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