Re:Tax the Land
by tdehnel on Saturday April 16, 2022 @10:53PM
(#31058055)
Why not just raise existing taxes across the board to pay for this? Seems a lot more fair since pro-social benefits are distributed among the whole society.
[ Parent
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The tax on income disincentivizes meaningful productive work. If you have to pay out $50 for every $100 you make, you would probably just not bother putting in the effort.
As grandparent said, every tax causes this kind of incentive. So people thought long about what was the least worst of all the options and came up with LVT and similar ideas. They cause the minimum harm to the economy and have the least side effects and "unintended consequences"