Hello, I’m not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

  • frezik@midwest.social
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    5 hours ago

    One method of structuring it is that if UBI is $20k/year, then you have $20k/year taken out as taxes as long as you have a job. The income is neutral, so there’s no basis for companies to raise prices.

    • helpImTrappedOnline@lemmy.world
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      5 hours ago

      I don’t like that plan. Its basically a free $20k for those who don’t work while working people get nothing.

      You either give everyone 20k or you don’t.

      I think the only way for UBI effectively to work is if you can fix prices/profits. No more charging $10 for something that’s cost .5¢ to make.

      • frezik@midwest.social
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        5 hours ago

        Its basically a free $20k for those who don’t work while working people get nothing.

        Yes, that’s the point.