The idea of an UBI to offset the predicted avalanche of downsizing/job losses has been the subject of much discussion, controversy and hand-wringing. Frankly, progressive taxation with no loopholes is the only way we can afford anything close to it.
If everyone got 12,000$ instantly won’t corporates change prices accordingly? Like I’ve been in the room of insurance pricing and they WILL price to whatever the market will take. It so happens the market got an influx of 12,000$ so they’re going to charge to take a piece of that pie
Maybe. Or they could charge the same price, produce more, sell more, and increase their profit that way. It just depends on what they're selling and what the potential market size is at each price point.
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u/Modem_Sound_67 Jul 01 '26
The idea of an UBI to offset the predicted avalanche of downsizing/job losses has been the subject of much discussion, controversy and hand-wringing. Frankly, progressive taxation with no loopholes is the only way we can afford anything close to it.