Re:An Engineering Argument for Basic Income
by RandallBrown on Friday January 15, 2021 @01:34PM
(#25794343)
> old-age, disability, and unemployment
These are all groups of people that aren't working so there isn't any extra money available for people to raise prices on them.
If everyone makes $X more dollars than normal I don't understand why prices wouldn't go up to take advantage of that. Would it just be because taxes would go up as well so any extra profits would end up being fed straight back into the system?
These are all groups of people that aren't working so there isn't any extra money available for people to raise prices on them.
If everyone makes $X more dollars than normal I don't understand why prices wouldn't go up to take advantage of that. Would it just be because taxes would go up as well so any extra profits would end up being fed straight back into the system?