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PoliteThaiBeep t1_j52n424 wrote

Reply to comment by PoliteThaiBeep in UBI before riots, possible or a worthless pursuit? by nitebear

Also I think the most important part of taxing rich is progressive taxing passive income from the stock market. Maybe we don't even need to increase income taxes. Maybe we just need to modify passive income taxes.

It does two things really well:

  1. Incentives rich to create things instead of just sitting on the money
  2. Very predictable flow of money to UBI
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