this post was submitted on 12 Jun 2026
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actually i disagree with this. money flow should look something like this:
the community (town, city) donates money to the people (UBI), they spend it to buy goods and services from companies (which make a profit that way), which then have to pay taxes to the community.
it's not companies' job to provide for people. that's politics' job.
Companies should exist to serve the community, not so a few assholes can get filthy rich.
Sure, that's how it should work. But how it actually works is that Amazon pays an effective tax rate of 1.4%. Tesla pays an effective tax rate of 0%. Yes they pay no tax. Meta pays 3.6%.
The billionaires themselves pay lower tax rates than their secretaries and janitors. Both Elon Musk and Jeff Bezos have had years where they paid no tax. Larry Page and Mark Zuckerberg are paying effective tax rates around 13%.
So, yes I'd like to live in this fantasy world too. But the government can't raise enough taxes for a UBI by taking in only a fraction of the money that they themselves give out.