Re:Universal Basic Income
by Touche on Tuesday January 03, 2017 @09:34AM
(#13309348)
Do people really not see that all of this central planning stuff is just economic whack-a-mole?
So what happens to the middle class families that are looking to buy their first home when their taxes increase by 10%. If the household income is $150k, that 1000/month basic income check is going to be less than what is taken in the tax increase. Looks like that family can't buy that house now.
One tiny example, but central planning has a million trickle effects that have to be compensated for. It's too much to try and balance and get right.
So what happens to the middle class families that are looking to buy their first home when their taxes increase by 10%. If the household income is $150k, that 1000/month basic income check is going to be less than what is taken in the tax increase. Looks like that family can't buy that house now.
One tiny example, but central planning has a million trickle effects that have to be compensated for. It's too much to try and balance and get right.