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lotsofpulp | karma 34330 | avg karma 1.97
2020-05-05 19:34:16+00:00
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A UBI would make things a lot simpler.
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bdamm | karma 4946 | avg karma 2.29
2020-05-05 20:35:35
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Wouldn't a UBI just raise the floor on the costs of basic things, like rent and rice?
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lotsofpulp | karma 34330 | avg karma 1.97
2020-05-05 20:40:40+00:00
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Possibly, but only because labor costs would rise. It would be a wealth transfer. Rents might rise, but so would taxes for those collecting rent (presumably they are on the upper end of the income/wealth scale).
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