Re:UBI Does Not Require Tax Rates of 40 to 60 Percent
by hakfoo on Saturday December 24, 2022 @01:05PM
(#34119329)
Why not option 3: get the government into revenue-positive businesses?
Depending on your country's economic mix, there's almost certainly a private industry that's predictably profitable and also sort of undislodgable (for example, oil, telecom, or railways). Obvious targets for state takeover; keep the prices the same and run the profits into the state coffers, or use the pricing as an additional lever for social objectives (i. e. pricing petrol to the moon to encourage EV takeup).
Depending on your country's economic mix, there's almost certainly a private industry that's predictably profitable and also sort of undislodgable (for example, oil, telecom, or railways). Obvious targets for state takeover; keep the prices the same and run the profits into the state coffers, or use the pricing as an additional lever for social objectives (i. e. pricing petrol to the moon to encourage EV takeup).