Re:Top White House Economist Dismisses the Idea of a Univers...
by learc83 on Sunday July 10, 2016 @10:30PM
(#12068505)
>A loaf of bread for $50.
Only if a loaf of bread is supply constrained or there are no competing bread suppliers or alternate goods.
>The top 50% certainly don't need UBI
The top 50% get a UBI, but most plans would pay for it by increasing taxes on the wealthy. There would be a cutoff, so that above a certain point you'd be paying more in extra taxes than you'd receive in UBI.
The vast majority of UBI plans definitely aren't regressive.
Only if a loaf of bread is supply constrained or there are no competing bread suppliers or alternate goods.
>The top 50% certainly don't need UBI
The top 50% get a UBI, but most plans would pay for it by increasing taxes on the wealthy. There would be a cutoff, so that above a certain point you'd be paying more in extra taxes than you'd receive in UBI.
The vast majority of UBI plans definitely aren't regressive.