I love the idea of UBI. I only wish there was more discussion about the reality that as soon as a UBI happens, the wealth-hoarder class absolutely will do every single thing they can to claw back that money. How does anyone stop them? I ask because they did it with Covid stimulus checks by jacking up prices, and they've been doing it by creeping up the retirement age, and, and, and.... We aren't really doing anything to stop them already. UBI seems like a band-aid in that context.
@MattMerk I don't care how much money you make and have, but you gotta pay a high tax. Make a billion dollars? Great, 90% tax though. It's all in stocks? Great, you'll be forced to sell it. If you can take a loan against it, you owe taxes. But only once.
I'm a simple guy. I never liked being taxed multiple times in multiple ways. I think we should just pay once a year, and have it be high enough to support the entire country. No loopholes, no this or that deduction. Just graduated brackets.
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