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by bryanlarsen
1384 days ago
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I was going to respond with the standard argument that UBI doesn't necessarily increase inflation. A sane UBI plan is revenue neutral -- you increase taxes so that the average taxpayer has taxes increase by exactly the UBI amount. Since the median taxpayer makes less money than the average taxpayer, the majority of taxpayers benefit, yet the UBI does not increase the money supply. But the author advocates for printing money, so it's not a sane UBI plan. |
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