and if the taxes go up, things are going to become more expensive

you can't always do that

some things are already fully solved

there is no more margins

no, I am saying that if the government takes its share, the prices go up

If the government does not take its share, the price goes down

If you want UBI, you will need billions of dollars in extra tax

That will mean everyone needs to increase prices to cover costs.

I think you're not understanding

People are already optimising their business

they can't just add some extra innovation and cut costs more

they do that anyway

tax more or less

tell that to every company that goes out of business because the taxes went up

There is a limit

fuel will always cost X

people will always want X money to eat and oay for rent

you yourself need X for food and house

And then you need x for tax

if you go from a 30% tax to 40% to cover the billions you need for UBI, you can't just add a little innovation and cover all the costs

No I am not

You are being disingenuous. I am arguing that there is only so much optimising that can happen

costs will go up

There is no way you can deny that

How do you optimise past fuel costs and feeding yourself?

You will always need a few thousand bucks per year to eat, and afew thousand for house and stuff

So, your company needs to at least provide for you, and staff if you have them. The maths does not add up. If the government takes a bigger cut, costs go up.

Imagine, you have a shop

and someone steals $500 of your money

you only make $300 per week

Your yearly profit is lower right?

same thing with taxes, only they take a % of your income

The other huge issue with UBI

people need purpose. If you give them money for nothing, what purpose do they have?

You think people with UBI will want to get a productive job?

No, they want to play guitar or be a Youtuber

So in hundreds of years when AI and automation and space industry have advanced?

yeah, great

why is this a point of discussion if it won't be important for so many years?

If we live to be hundreds of years old, you don't know that we will

either way, it will be a long time away

"• For all three designs, enacting a UBI and paying for it by increasing the federal debt would grow the economy. "

There is your problem right there, eventually nobody wants your US dollar because they don't think you can keep up with repayment.

increasing debt is bad.

if everyone has 1k bucks per month, every landlord will increase prices because they can make more money.

GDP will go up, sure. But the GDP is not everything.

Also, one trick poor people who are jealous of rich people and think taxing them is the secret to fixing wealth inequality.

the rich people can just move countries.

They have lawyers and the other resources to just move everything to another country and make money there.

so guess what happens to your 50% wealth tax?

you get nothing from it

because all the wealth is not in America anymore.

If you lower the profits too much, it is easier to just move countries

Move legally to a tax haven

uhh

I can transfer my bank balance to another country

I can transfer my broker overseas

Maybe you don't even do that, my broker allows for overseas investors.

So, they can sell up. they don't need to move everything

liquidate and move out

start again somewhere else.

get a rich person and a poor person

give them %50

guess which one has more money in 1 year?

the rich guy most of the time

a one time tax on the way out is better than being taxed for decades.

especially if you're going to tax peoples inheritance.

the best way to solve the issue of UBI?

lower tax

get the government out of the economy as much as possible

fix legal loopholes and government corruption. Lower the power of the government so It can't grow big again

Raising the minimum tax threshold is also good

lower all tax everywhere generally

but especially let people who earn low amounts of money keep more of it

@Storin in Australia, we have 18k I think.

@Uksio Yeah, that would make more sense.
Taxes are too complicated on purpose, it makes it hard to get tax breaks on small thing unless you can pay for a good accountant.

wtf

incel?

madman?

yikes

What the actual fuck

https://thefederalist.com/2019/11/06/testimony-transcript-shows-william-taylor-never-talked-to-trump-wasnt-even-on-july-25-phone-call/

How is this even allowed in court? How have the people trying to do this not been thrown in jail already?

https://johnsolomonreports.com/

https://cdn.discordapp.com/attachments/218835650235858945/642151386158727199/FB_IMG_1573171160083.jpg

"if you're sucking taxpayer money to play royal theatre for the tourists"

They earn more money for Britain than they cost if I remember correctly.

yeah, I heard all the drama about that lol.

She was being quite rude.

Almost as if people don't like hypocrisy

@Gustavus Adolphus https://www.youtube.com/watch?v=iAPaVD83Gcc

What

So a tiny % of the population is the backbone of the country?

I don't think everything has to be about politics.

Or the culture war

It's hardly a debate.

You can't seriously entertain the idea of flat earth.

well, you can for a bit.

Then you debunk all the "proof"

Then your serious consideration of flat earth has to end.

I shall prepate to he outduelped then.

For I have not experiemced the earth shape, although I think it can he corkscrew shaped