Re:Policies that make the poor less poor
by goodpoint on Tuesday June 22, 2021 @05:31PM
(#27597495)
> Of course UBI will create new money
Not at all. In a lot of countries it's not possible to arbitrarily create money out of nowhere.
Most proposed UBI implementation replace the existing welfare and a plethora of financial aids, programs and tax reliefs, leaving the overall tax rates roughly similar to the existing one.
Not at all. In a lot of countries it's not possible to arbitrarily create money out of nowhere.
Most proposed UBI implementation replace the existing welfare and a plethora of financial aids, programs and tax reliefs, leaving the overall tax rates roughly similar to the existing one.
https://en.wikipedia.org/wiki/Universal_basic_income