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by oarsinsync
2215 days ago
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> We pay inefficiency and arbitrage taxes on everything we produce and consume. How many cents out of a dollar I spend on bread go to someone whose only value in the process is manning a phone or providing working capital? The sooner those two go away, the better. Those inefficiency and arbitrage taxes will then be replaced with social security / ubi taxes, as fewer people are needed in the workforce. Which is probably a good thing, but don't think that you're going to see any substantial savings in the cost of your goods. If it doesn't go in taxation (because it's a unique thing to a few companies), it'll just be additional profit capture for those at the top. |
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