All you people thinking prices will just go up have already been poisoned by billionaire propaganda.
It’s not
Nobby Nomoney £0 > £10k a year
Sammy Scrapesby £20k > £30k a year
Maddie Medianearner £38k > £48k a year
Billy Billionaire £1m > £1.01m a year
The median earners will have tax adjusted so they earn about the same. The lower earners will get more. The high earners will get less. You’ll have pretty much the same amount of money sloshing around the system, it’ll just be in the hands of the people who need it.
Exactly, it’s an economic stimulus package aimed directly at the people who are currently being forced to work for as little money as possible. The people with the money do not want the boot taken off the neck of the poor.
It would be more cost-effective to give homeless people home and treatment than to allow them to be on the streets. So why don’t we? Because homeless people exist as a reminder to everyone else that there is a huge penalty for failing to continue working.
Those billionaires aren’t paying rent. Rent increases are what most people are worried about with UBI. If the lower earners suddenly have more money that the landlords know about, they are definitely going to hike up rent until we are back to square 1. Those billionaires will just claw that money back. UBI doesn’t make sense until we have more regulations in place for price control.
All you people thinking prices will just go up have already been poisoned by billionaire propaganda.
It’s not
Nobby Nomoney £0 > £10k a year
Sammy Scrapesby £20k > £30k a year
Maddie Medianearner £38k > £48k a year
Billy Billionaire £1m > £1.01m a year
The median earners will have tax adjusted so they earn about the same. The lower earners will get more. The high earners will get less. You’ll have pretty much the same amount of money sloshing around the system, it’ll just be in the hands of the people who need it.
Nobby Nomoney £0 > £10k a year
Sammy Scrapesby £20k > £27k a year
Maddie Medianearner £38k > £38k a year
Billy Billionaire £1m > £700k a year
Guess which of those doesn’t want this to happen.
Exactly, it’s an economic stimulus package aimed directly at the people who are currently being forced to work for as little money as possible. The people with the money do not want the boot taken off the neck of the poor.
It would be more cost-effective to give homeless people home and treatment than to allow them to be on the streets. So why don’t we? Because homeless people exist as a reminder to everyone else that there is a huge penalty for failing to continue working.
Those billionaires aren’t paying rent. Rent increases are what most people are worried about with UBI. If the lower earners suddenly have more money that the landlords know about, they are definitely going to hike up rent until we are back to square 1. Those billionaires will just claw that money back. UBI doesn’t make sense until we have more regulations in place for price control.