Re:Sam Altman and Andrew Yang talk UBI
by tells on Wednesday January 01, 2020 @04:08AM
(#21927326)
I think it's smarter to go after automation and consumption than land value tax as of this moment. It's a lot harder to measure the true value of land compared to consumption. Also, the VAT can also be adjusted for non essential goods. Consumption is quite strong in this country. It's wise to target that.
[ Parent
| on HN ]
Re:Sam Altman and Andrew Yang talk UBI
by benjiwengy on Thursday January 02, 2020 @09:54AM
(#21935787)
Consumption and automation are beneficial activities. Not smart to tax them.
Excluding others from a valuable natural resource is deeply immoral unless compensation to those excluded is paid.
The difficulty(or not) of measuring the "true value" of that compensation isn't a justifiable reason that we should as close to it as is reasonably possible.