Re:A Basic Income Should Be the Next Big Thing
by taurath on Wednesday May 04, 2016 @03:09PM
(#11630846)
Its a basic fallacy of the fairtax/nonprogressive tax movements that consumption equal to income. It is true, until you have your basic needs met. Go around to your local rich neighborhood - not everyone has the latest Maserati, because their transportation needs are fully met by a cheaper vehicle. If you're well off much more of your income is going to go to investments and savings.
[ Parent
| on HN ]
There are no comments on this comment yet.