this post was submitted on 20 Oct 2023
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[โ€“] [email protected] -3 points 1 year ago* (last edited 1 year ago) (1 children)

As a side note, why are you worried more about the rich than the poor?

I am not. I'm offering the argument that a UBI may well lead to a less productive population, which makes it even harder to maintain a UBI in the first place.

They will get UBI too so worst case they hit the same floor as everyone else.

But if there are no longer rich people to be taxed because they have been sucked dry then there is no source to fund the UBI. Hence the notion that "rich people will fund the UBI" doesn't fly. Not to mention that wealthy people find it relatively easy to move to other countries with less taxes.

[โ€“] [email protected] 1 points 1 year ago

The UBI is funded by not having 23 different agencies each with their own staff, red tape, and costly vetting processes.

There are more than a few studies already done on UBI and they all conclude it is a benefit. Stop asking everyone else to quench your curiosity and do the work yourself. Or are you currently receiving UBI and donโ€™t want to do any work?

Foh