this post was submitted on 30 Oct 2024
771 points (98.7% liked)

People Twitter

5226 readers
2626 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.

founded 1 year ago
MODERATORS
[email protected]
[email protected]
771
"Necessary" (lemmy.ml)
submitted 2 weeks ago by [email protected] to c/[email protected]
100 comments fedilink hide all child comments
 

https://www.threads.net/@kamalahq/post/DBwSh-pMOIh

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 2 weeks ago

These guys could all stay millionaires and we could still solve our system’s worst distribution issues.

UBI actually makes billionaires richer, even with higher taxes. Money trickles back up to them. The problem with UBI is that it redistributes power, and the powerful want all of their power. Wealth "needs" to buy power.