The entire premise of UBI is counter productive as it is. We can act like the differ but we all know that people will simply drop out of the work force when they don't have to work.
Wouldn't this be a solution to any third world country is to simply supply a UBI to its citizens? Why wouldn't Venezuela do this if it was so great?
Such a big risk to attempt that ignores economics 101.
What it's spent on is another matter entirely.
I can't speak for Venezuala as I don't live there. I doubt they have a GDP great enough to be very effective in these regards.
Yes, this is the entire point of tax brackets.
> So at what point is enough enough When they pay more.
Progressive taxation works primarily because those with broad shoulders contribute the most. Individuals contributing more to government income at the individual level does not have the same results, primarily because the benefits of higher taxation can only be realised if the policy is universally applied.
>I can easily afford more taxes. I don't mind paying my taxes
That person's argument is "I don't mind" and therefore taxes should be increased. My point is that just because that individual commenter doesn't mind, that doesn't generalize to everyone else who would be paying more in taxes.
In other words "I don't mind paying more" is an argument for you to pay more taxes. It's not an argument for me to pay more taxes, because I do mind. My comment is trying to raise this idea, albeit in a somewhat flip way.
Of course a policy universally applied will be more effective, but its silly to say its what people want. If people want to give more, they can.
If you're curious, you can even donate money to the government. In my case, I like donating to NASA. However, you can't earmark the funds, they have to go into NASA's general account.