Hello, I’m not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

  • weeeeum@lemmy.world
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    7 days ago

    Maybe depending on the situation, and whether or not we can properly tax those who need to pay for most of it.

    If it continues as it is now, with corporate entities and billionaires paying nearly nothing in taxes, I wouldn’t support it. It only alienates the upperclass who we want on our side. Millionaires compared to billionaires is a similar scale to min wage workers to millionaires. We need to make it clear we are not after the 1%, but the 0.1%.

    In addition to a UBI there needs to be some kind of price control. Otherwise I would fear that it’d simply subsidize corporate price gouging. Rents would immediately shoot up.