nwdiver
Well-Known Member
UBI should be non taxable
As should Social Security.
I was watching an interesting Economics Explained video in which it was postulated that the true value of taxation was not to provide revenue for the government (the money printer sorta solves that problem) but to create demand for US currency => maintain the value. US taxes have to be paid in US dollars. It sounds counter-intuitive but it would seem that paying someone $1100 then taxing them $100 would actually be better than paying them $1000 untaxed.
IMHO the two primary features of currency people need to accept is that 1) It's 110% fake 2) It only has value if it's moving.