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this post was submitted on 29 Jan 2024
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That's a very convenient "fact" to point out if you want to eliminate all assistance for people who are struggling.
Now explain how corn subsidies had no effect on corn prices and definitely didn't result in everything being full of corn syrup.
Next explain how basic income is a subsidy.
It's not and he's wrong. UBI will definitely cause some inflation when people spend the money, but the money will come from somewhere (probably wealthier people or corporations). So that taxation will reduce inflation at the same time.
If the money came from a tax on rental income, it would not hurt renters. It would probably just be a circle: where owners are taxed and the money goes to renters, who then spend it on rent. It may help people buy houses because they now have free money regardless of whether they spend it on rent.
I NEVER mentioned this. I in NO WAY advocate for removing assistance for people. I 100% believe we need to look at the effects of something and tweak it to avoid people taking advantage of the system. The poors aren't taking advantage of it, the ownership class IS. They ALWAYS do. and we cannot stand for that any longer.
I would rather fully rework the landlord slave-ownership system we have today and make it so all payments into housing give you a share of ownership. Same deal with work - you work for a company and you get a share of ownership. 30 years of rent and you own your apartment. Live there for 5 years? You now own 1/6th of the apartment. One year? 1/30th. Let's really FUCK the "investment property" wealth.
Make it so whoever works at a business shares ownership equally based on hours worked there. Make it so no human can get more than 80 hours of ownership shares a week, or something like that. There is obviously a lot more thought involved in having a system like this where people are no longer just "workers" but partial owners **