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A comment on UBI Does Not Require Tax Rates of 40 to 60 Percent. Parent comment

Re:UBI Does Not Require Tax Rates of 40 to 60 Percent by chrisandchris on Saturday December 24, 2022 @11:08AM (#34118101)
What I don't understand, if everyone is going to pay for UBI, can't you basically just leave the UBI and be at the same point?

I think UBI is a lot like "Helikoptergeld" (copter money) which you distribute to everyone instead of trying to get help (money) there where it's needed.

I would absolutely just follow my dreams if I get UBI, and that won't contribute to the GDP, but rather to society.

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Re:UBI Does Not Require Tax Rates of 40 to 60 Percent by oneoff786 on Saturday December 24, 2022 @12:10PM (#34118739)
And who will scrub the toilets
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Re:UBI Does Not Require Tax Rates of 40 to 60 Percent by krapp on Saturday December 24, 2022 @12:14PM (#34118779)
The stock answer is that such jobs will either need to raise their wages until they attract labor, be automated, or cease to exist.
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Re:UBI Does Not Require Tax Rates of 40 to 60 Percent by chrisandchris on Saturday December 24, 2022 @12:40PM (#34119058)
In my (laymans) understanding of economics, increasing all these wages will increase prices of things those people consume too, which will basically result in a marginally change.
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Re:UBI Does Not Require Tax Rates of 40 to 60 Percent by dragonwriter on Saturday December 24, 2022 @01:30PM (#34119620)
> And who will scrub the toilets

People will be paid to scrub the toilets. (The effect on wages would be interesting: unskilled but dead-end jobs would probably see substantial wage increases, while entry-level jobs with advancement potential might see decreases, at least relative to wages overall.)

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Re:UBI Does Not Require Tax Rates of 40 to 60 Percent by dragonwriter on Saturday December 24, 2022 @01:51PM (#34119845)
> What I don't understand, if everyone is going to pay for UBI, can't you basically just leave the UBI and be at the same point?

No.

I mean, if everyone paid a flat capitation equal to their UBI payment, sure, but if “everyone pays” because it is paid for out of general funds raised by a tax system which, even if it is a mix of various taxes, is approximated as a progressive tax on income, then, no, not at all.

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