That is actually probably correct, if you are a strict libertarian. Tax+UBI is an affine constant redistribution, so it would make things people buy get more expensive. "No tax no UBI" would mean zero redistribution, so fewer people can afford anything, hence deflation...
-
-
Replying to @cmuratori @TylerGlaiel
I am sure an optimistic libertarian would argue that somehow when you do this, the resulting "economic growth" or whathaveyou will make this not happen, but I've never actually seen that happen in an economic system in practice.
1 reply 0 retweets 2 likes -
Replying to @cmuratori @TylerGlaiel
All of these things are much more complicated than most people realize, however, so I would say UBI and inflation are things you can't really talk about without having very specific sets of parameters for just about everything, which nobody ever actually includes.
1 reply 0 retweets 4 likes -
Replying to @cmuratori
ya true its very complicated and people have a hard time not treating things in the context of the current system, see any discussion about UBI that neglects the largescale society-wide changes that would result if *everyone* has that as a safety net / backup plan
1 reply 0 retweets 4 likes -
Replying to @TylerGlaiel
UBI is affine, non-UBI is linear, this is the way to think about it. I don't understand why people make a huge deal of it. Yes, you would have to gradually phase it in at like $100/year or something, but otherwise it's just the same old equation, but now it's affine.
1 reply 0 retweets 1 like -
Replying to @cmuratori @TylerGlaiel
So like I don't see any reason _not_ to try UBI, because I don't see the argument for f(x) = a + bx + cy + cz + ... being hugely different if a is non-zero vs. zero.
2 replies 0 retweets 1 like -
Replying to @cmuratori @TylerGlaiel
Like what are the chances that the optimal economic income taxing function _just so happens_ to pass through zero?
1 reply 0 retweets 0 likes -
Replying to @cmuratori @TylerGlaiel
There's probably a bigger debate about the definition of optimal. Not sure what factors would contribute to that, and why.
1 reply 0 retweets 1 like -
Replying to @scottmichaud @TylerGlaiel
To me that is the much more interesting question. I mean you could even make that number negative, so the government _takes_ $100/mo from you _before_ income :) So "UBI or not UBI" seems uninteresting, I would rather see arguments for "what should the affine parameter be".
1 reply 0 retweets 2 likes -
Replying to @cmuratori @scottmichaud
ex, the $800 yearly LLC fee here in california
1 reply 0 retweets 0 likes
I am sure you are getting a tremendous amount of value from that $800, Tyler. California's government has an amazing track record at helping small businesses succeed!
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.