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TopicHow Andrew yang would support $1000 UBI bill
yutterh
12/02/19 4:21:39 PM
#101:


LinkPizza posted...
Thats what some are hoping for. I dont really see this helping much. And if it does, itll probably go to shit (and possibly ruin some lives) after some time. Whether its because it raises prices to the point where the $1000 in useless. I dont really care as long as it doesnt negatively affect my life. As I said, Im not much of a fan of VATs or automaton, so...


Automation is gonna happen whether you like it or not. Which is the point of Yang putting in the VAT and the UBI.

LinkPizza posted...
Whatever. In the end, we still dont know what will happen by enacting VATs. But all anybody sees is extra money without thinking about anything else surrounding that extra money. Like raising prices because people now know you have the extra money. And the place being taxed raising prices in the items because they dont want to lose money. And then people on government assistance who it would help not getting the money because theyre already getting money... Butnif you want to shut me out of whatever discussion youre having, go ahead...


But they won't lose money because they re selling more......sure the prices may go up a bit but I highly doubt everything is gonna go up by $1000 dollars. Every company would have to agree to this process increase and new companies will want to undercut them and get more sales. It would be pretty insane for everyone to increase prices. These are competitive businesses, if someone wants to increase prices another won't and get more sales. People on government assistance will get money either way. Government assistance had many problems and you can lose it easily or outright refused. Those on government assistance usually have families and there are at least 2 adults. Which brings in $2000 the household. Likely the government assistance will be giving less money then the UBI or its restricting on what you can buy or do.

No matter which way you look at it, UBI is necessary and the VAT is necessary to support it. Companies will also understand that the VAT is much cheaper then being forced to raise minimum wage and pay for employee healthcare. So yang's plan of adding in single payer health coverage helps ease that burden. Which also helps businesses from raising prices. Yang's overall plan will help the economy immensely on both the business side and consumer side.

The country inflation and housing is already skyrocketing. Their is really no way to help without the government directly taking everything over and that isn't a good idea.

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