Re:A Basic Income Is Smarter Than a Minimum Wage
by ikeboy on Tuesday April 05, 2016 @11:28AM
(#11431121)
>"Taxes" is just the revenue column for society's ledger.
Yes, and if the societal benefit to sociatal spending was less than the cost of revenue, then it's a net loss to society to have such a thing.
Re:A Basic Income Is Smarter Than a Minimum Wage
by specialist on Tuesday April 05, 2016 @11:49AM
(#11431347)
Okay. I'll consider that viewpoint. My local peeps discussing policy (eg tax breaks for job creators) ask similar questions, like if current policies achieve the desired outcomes. I'm all about pragmatic incentives; aka what ever works.
Meanwhile, I'm still chewing on two other notions.
"Taxes" is the government's way to stimulate demand for money. Kinda flips the model on its head, reversing the flow of information, which is not yet intuitive for me.
Taxes and procurement are just means to transfer wealth.
"Taxes" is just the revenue column for society's ledger.
You're missing the point.
I also didn't make my point very well:
For the last 40 years, society's tax burden had steadily shifted from corporate profits to labor. In other words, people now subsidize business.
Now that corporations are people (too), it's unfair to exclude them from the opportunity to subsidize business.