reader: My take on the Basic Income

1 hr

LDS

One big issue is where the money come from. It would mean that taxes will be higher and higher on people creating value, while transferring money to people who don’t. When taxes becomes too high, you stop creating value, it’s not worth the effort – or, if you can, you go elsewhere. Printing money won’t lead anywhere – just to turn a country into a very cheap labour ones. Rich people will stay reach and become even more, the other will get poorer and poorer.The second big issue is it puts people right into the […]

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