Re:Policies that make the poor less poor
by imtringued on Monday June 21, 2021 @09:59AM
(#27579232)
It's true locally but you can always move away so it is not a global problem.
The bigger problem is that you have to punish working people with an income tax that funds the UBI. In most cases taxation is basically a punishment for bad behavior. You can optimize taxes the same way you can optimize profits. Tax involving activities cut into profits, so they should be avoided, at least from the perspective of an accountant.
i.e. people don't stop working because they have money, they stop working because they get less money from work
The bigger problem is that you have to punish working people with an income tax that funds the UBI. In most cases taxation is basically a punishment for bad behavior. You can optimize taxes the same way you can optimize profits. Tax involving activities cut into profits, so they should be avoided, at least from the perspective of an accountant.
i.e. people don't stop working because they have money, they stop working because they get less money from work