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by Ididntdothis
2414 days ago
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Where is that money supposed to come from? To make this work people have to pay enough consumption tax so there is money for the payouts. Also, if you make these payments dependent on income level you pretty much have the problem of determining a taxable income which we have now. Personally I think there is almost no way to make this work without being highly regressive. |
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However, if you just tried the experiment, then to the extent it redistributed resources, it would be taking more money from those who consumed more at a given level of income, and giving it to those who consumed less.
So it would probably reduce consumer activity, and I don't know if that would be good for the economy in the long run. I don't think it would be a null-op though. It doesn't seem like a logical or mathematical contradiction.