Message from @BarronVon
Discord ID: 688370922599874584
no one ever explained the math to me
well, nixon's initiative was a system similar to yang's UBI
and it was actually voted in congress, twice, at the time
are you trying to explain the math right now?
if you want me to
are we getting around to that?
your call
pls
the main concern about yang's UBI was inflation, as $1k per month per 323 mil americans is a bit much
which includes in giving it to the rich too
the math.
let's do it together.
323millipn x 1000 = what?
$323 billion per month
UBI doesn't cause inflation.
so what would 4 years of a yang presidency cost in UBI
Inflation is a rise in the general price level. Only three things cause it:
- Rise in supply of money
- Rise in the velocity of money
- Fall in productivity
323 billion x 12 x 4yrs = what
MATH
the government wasnt going to pay for it
if this is where you're getting at
companies such as amazon who pays $0 in federal taxes
lol is that serious?
That's because of accounting
yes
It's called carry forward losses
It's not tax avoidance.
amazon pays tax
Up until 2018 Amazon's profits were razor thin.
lots.
not federal
hundreds of millions infact
look at what I just posted in general chat
that's Amazon's most current 10k filing with the SEC
ur either very stupid about how taxes and business works or ur being purposefully ignorant
and are you suggesting that taxing Amazon and using that income is not the govt paying?
It's not a bad thing that Amazon didn't pay taxes
did u read this article? because it explained what deferring income tax from loses is
As in corporate tax.
its not.