this post was submitted on 30 Dec 2024
1494 points (98.8% liked)
Microblog Memes
6104 readers
2072 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Where does it come the budget for that type of UBI? Two options:
-Taxes: then workers do not actually get the UBI as the same amount of money that goes in goes out. It's just a convoluted way for getting the exact same result as just giving the money to the poorest to begin with.
-Printing money: knock! Knock! Who is it? hyperinflation!
-Tax, but just the rich!: If you want to tax the rich tax the rich. No need for a UBI excuse to do so.
Yes, some people are going to pay more in taxes than they get in UBI. But with UBI you raise the bottom level of income in society so that everyone is able to live. Then people can supplement UBI by working an amount which fits them. Nobody has to work 60 hours a week just to be able to live. And you should also have tax thresholds set so that people don't pay as much in income tax as they get in UBI as soon as they start working - more/better paid work should always make you better off.
In the end yes the rich will have to pay more towards it because UBI is inherently a form of wealth redistribution.