Submitted by courtimus-prime t3_1156qjv in Futurology
psychalist t1_j90046p wrote
Step 1. Legalize all drugs 2. Tax drugs 3. Use revenue to fund UBI
As well as 1.elimnate the ability to own more than 3 residences 2. Tax ultra wealthy 3. Eliminate tax loopholes
UBI only works if capitalism is kept in check and social services are in place and properly funded.
panda_vigilante t1_j901c1e wrote
You vastly underestimate how much tax revenue would be generated by taxing recreational drugs
psychalist t1_j901t06 wrote
Its about $15b @10% across the board.
Then there's about $200b from tax evasion.
It's all a drop in the bucket if we're trying to do true UBI.
panda_vigilante t1_j901wev wrote
Sorry I meant to type overestimate… we’re in agreement lol
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