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A comment on People kept working, became healthier while on basic income: report. Parent comment

Re:People kept working, became healthier while on basic inco... by fma on Thursday March 05, 2020 @02:26PM (#22497124)
One of Andrew Yang's proposal was to pay for a UBI with a 10% VAT, especially on services gained from automation, AI etc. Things that give companies a productivity boost, while also avoid taxes. So this would be a way to get the money back.

For example - currently a trucker driver will pay state tax, federal tax, pay taxes on the things they eat/buy. When a self driving truck comes...all of that above won't occur anymore. And the company saves money.

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Re:People kept working, became healthier while on basic inco... by Mirioron on Thursday March 05, 2020 @02:47PM (#22497368)
>Things that give companies a productivity boost, while also avoid taxes.

Shovels, cars, tractors, computers, pens, paper etc? A truck driver can do the job of many cart drivers! And a cart driver can do the job of people who carry things with their own body.

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Re:People kept working, became healthier while on basic inco... by OceanSunfish on Thursday March 05, 2020 @09:24PM (#22500511)
Sure, all of those things created large economic gains for their respective economies. It's a question of how much of that economic gain can we capture with taxation.
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