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Old 27th November 2019, 10:19 AM   #358
Rolfe
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Join Date: Sep 2003
Location: NT 150 511
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Originally Posted by TragicMonkey View Post
TM makes X. TM lives comfortably off of Y, which is less than X. TM invests the amount X-Y to earn more. If TM is going to be taxed so that he makes Y instead of X then he's not going to do the same amount of work necessary to earn X. He's going to do work worth Y. There will be no excess left to take for redistribution.

Unless you actually specify what X and Y are, this is all a little difficult to follow. (I don't mean amounts, I mean is X the UBI alone? Or UBI plus salary? Or what?)

On the face of it I don't see the problem. I also don't see it as not participating. If you pay your due taxes, you are participating.
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