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RE: Presidential Candidate running on a UBI Platform - 2020

in #politics6 years ago

He doesn't stand a chance, but what he is doing drastically increases awareness for a particular looming problem which will likely influence the major candidate positions. Not a guarantee, but I have a feeling that this issue touches so many lives for it not to matter. Then again, if this displacement is not affecting enough people, then it won't get traction either since most people won't act until things are on fire.

Anyway, the policy itself seems reasonable on an effective tax on automation beneficiaries so it's not like this money is coming from nowhere. But I'm not sure if it will work. One possible worry is that it may take automation efforts overseas so there is nothing to tax...I mean we already know how good tech companies are at evading taxes. That might be why it's a VAT tax and not one on companies hm. Automation increases efficiency and lowers prices, and the VAT takes a cut of this reduction. Hum. Changed my mind after writing that, it could work. Could work...

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The podcast with Harris, the one that @tarazkp shared on here is worth a listen. Go for it...

Aha found the mention of the details of funding, cool! Very interesting two people. I will be following them now.

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