Re:UBI Does Not Require Tax Rates of 40 to 60 Percent
by Schiendelman on Saturday December 24, 2022 @12:35PM
(#34119008)
If you actually think about which actors do what and what their incentives are, this question really answers itself. Let’s take an example: cleaning toilets. Many people will stop doing the job. The owner of a small business will start cleaning the toilets themselves. They will clean the toilets less. A person with a higher wage will clean the toilets if it is still necessary to the business to keep them clean.
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