Re:Sam Altman and Andrew Yang talk UBI
by harimau777 on Wednesday January 01, 2020 @08:45AM
(#21927965)
For sake of argument, could this inadvertently make it more difficult for middle class people to pursue goals outside of basic survival?
It seems to me that many otherwise "normal" middle class people have one area, their hobby, where they own luxury products. That might be a sports car, a horse, a sailboat, ski trips, etc. Might a VAT tax on luxury goods make those products out of reach for the middle class?
While I can understand taxing a billionaire who buys luxury products in every area of their life, it doesn't strike me as unreasonable for someone to have one area that they choose to focus their resources.
It seems to me that many otherwise "normal" middle class people have one area, their hobby, where they own luxury products. That might be a sports car, a horse, a sailboat, ski trips, etc. Might a VAT tax on luxury goods make those products out of reach for the middle class?
While I can understand taxing a billionaire who buys luxury products in every area of their life, it doesn't strike me as unreasonable for someone to have one area that they choose to focus their resources.