One common objection against a universal basic income is this: If everyone gets a basic income, inflation will happen and we will all be back to square one.
Another version focuses on rent: Landlords will raise rents by the basic income amount, and we will all be back to square one, except for the landlords.
Well, if you believe that, you will support everyone paying $1,000 more tax to the government. Deflation will happen and we will all be back to square one. But the government will be a lot richer.
Another version focuses on rent: Landlords will raise rents by the basic income amount, and we will all be back to square one, except for the landlords.
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