Why a VAT is the best “wealth tax”

The Democratic presidential candidates all have plans to collect revenue from the rich in order to help the poor and middle class. The plans differ substantially. But only one of the plans is practical. We live in a time of great economic inequality. It is undeniable that disparities in income and wealth are far greater […]

Does the Freedom Dividend require more taxes?

Yes, but you need to consider the cost/benefit of these taxes, and the harmful effects of the taxes. How do you feel about the VAT? Keep in mind that the UBI is added to your overall pay. You won’t pay more in VAT than you receive in UBI unless you spend over $10,000/month. Notice that […]