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by mptest 425 days ago
The German UBI experiment we're discussing didn't involve 'taxing workers to give to the poor' - it gave unconditional payments to people across economic backgrounds, most of whom continued working.

Your assertion about tax planning misses that proper UBI implementation would include tax reform to ensure the wealthy can't avoid contributing. If anything it demonstrates your clear understanding of whom would actually be taxed to achieve the funding for such social programs. The dragons.

More importantly, the data shows UBI recipients spent money locally on necessities and small businesses, not funneling it to large corporations. The 'indirect subsidy' theory contradicts spending patterns observed in UBI trials.

1 comments

Well, all I can say that if I was a major shareholder of Volkswagen I'd be 100% in support of UBI and made sure everyone can afford a new car, not just a used one.
Yeah, almost like a rising tide lifts all ships. Almost like the wealth hoarding dragons are fundamentally anti social.

If only there was a metaphor to explain that. Maybe something about a mythical creature, hoarding piles of treasure.

It's a poor analogy. Dragons take the gold from the people and kept it from them so it can't be used.

The 200 billion that Bezos is assumed to be "worth" is currently in the hands of the people, being used by us. If we wanted to fix society instead of buying amazon shares we could do it today. Bezos hasn't "hoarded" it, we have it.

"To the dismay of Thorin, Smaug the horrible turned out to sit on a pile of paper that anyone could buy if they wanted to and all the gold was already in circulation in the town of Bree."