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by yunwal
977 days ago
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As a percentage, the poor will have more money. It's pretty obvious that if there are 2 people, 1 with no money and the other with $5000, taxing everyone 20% of their wealth and redistributing it evenly makes the first person better off. |
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Ubi doesn't expand supply. You still have the same number of people fight for the house, you just bid up the price.