Taxing wealth instead of work is touted as an important part of the solution to the wealth gap, but I’m curious which other solutions have been proposed or attempted and have succeeded or failed.
Taxing wealth instead of work is touted as an important part of the solution to the wealth gap, but I’m curious which other solutions have been proposed or attempted and have succeeded or failed.
If UBI doesn’t nothing for wealth inequality, then by definition giving it to rich people won’t do anything. A rich person getting 2k/month means getting pocket change. A poor person getting 2k/month will make a much bigger difference because percentage-wise it’s a much bigger chunk of their disposable income. Also, one of the major points for UBI is that it’s universal meaning a lot of bureaucracy can be removed if there are no strings attached and little to no conditions.
I do agree that UBI might not solve wealth inequality but it can be an important part of opportunity equality.