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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.

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