Bitcoin Dad on Nostr: If I were a (benevolent) dictator: Abolish income tax, institute federal sales tax ...
If I were a (benevolent) dictator: Abolish income tax, institute federal sales tax and property tax, institute a UBI that would cover up to the "poverty line" counteracting the regressive nature of the sales tax. Then I would start slashing government programs and increase the UBI to cover it (eg no more WIC or food stamps because you have a UBI). Maybe one day be able to slowly dial down the UBI as the economy rights itself from the last century of government-directed allocation of capital.
Published at
2024-05-31 14:12:48Event JSON
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