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A comment on Universal Basic Income is Capitalism 2.0. Parent comment

Re:Universal Basic Income is Capitalism 2.0 by EGreg on Thursday July 30, 2020 @12:20AM (#23994648)
No. A UBI paid for by pigovian taxes would be redistributed right back to the people, counteracting the problem you mentioned that led to the Yellow Vest protests. It would align the public’s incentives with increasing the tax, thereby increasing the cost of the negative externalities!

UBI is a very powerful tool for aligning the public’s incentives with collective action that may otherwise be intractable.

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Re:Universal Basic Income is Capitalism 2.0 by Proven on Thursday July 30, 2020 @12:29AM (#23994690)
Everything you claim is false.

If tax money is redistributed back to the people why collect it? Obviously it's not evenly redistributed, hence the plunder.

Public incentives and interest don't exist to begin with. My personal interest is to not pay any tax I don't want to (I'd pay some for defense and justice), for example.

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Re:Universal Basic Income is Capitalism 2.0 by EGreg on Thursday July 30, 2020 @09:27AM (#23997841)
You collect taxes for two reasons:

1. To counteract the UBI and withdraw money from the economy

2. To use fiscal policy to make certain externalities more expensive, thus making people choose to transition to their alternatives. Collective action problems can’t be solved otherwise.

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