this post was submitted on 16 Oct 2023
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[–] [email protected] 17 points 1 year ago (3 children)

literally no downside except for needing to tax the rich

So literally no downside at all then?

[–] [email protected] 7 points 1 year ago

Can't eat them and tax them at the same time 😞

[–] Honytawk 5 points 1 year ago (1 children)

There are downsides.

Some people require more income to stay alive than others. Think of people with decreased mental or physical capabilities.

Those would loose a big chunk, which need to be subsidised somehow.

But the upsides outweigh the downsides.

[–] [email protected] 1 points 1 year ago

Not necessarily, that depends on how it shakes down.

[–] [email protected] 4 points 1 year ago

It's a political downside, because anything involving taxes will turn some people against it.