Neither of these plans sound like a good idea, but one element does: removing the tax cap. People who make absurd amounts of money should be taxed sufficiently to keep it in circulation, not just sitting in their pocket. America has had that before, and was in better shape when it did.
Also, in order to work properly, a UBI payment must put people just above the poverty line. It doesn’t have to be lavish, but does have to provide subsistence. The proposed amount of the lower payment wouldn’t even cover housing in most places, and the higher isn’t much […]
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