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TopicPolitics Containment Topic 227: Cancel the Politics Topic: 250 B8ers will Die
red sox 777
06/28/19 11:26:43 AM
#482:


Nelson_Mandela posted...
Yang should really run for governor of NY or mayor of NYC and try out his proposals on a smaller scale. If he really believes they will work, that's the best way to get national adoption.


The thing with that is, to do UBI locally, the locality would have to pass stratospherically high state or local taxes to pay for it. And residents would get it back from the UBI but.....high earners would get back much less than they put in. So we would expect an exodus of high earners and an influx of low earners. Most likely, it would not work in a locality because that locality would not be competitive with the rest of the country in business.

To make this work on a national level, you need to combine UBI with very strong protectionism. I'm talking massive tariffs on every other country.
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