I see the question of "why not just send everyone a flat universal cheque" was raised at Rideau Cottage this morning.
I wrote a thread on this last night.
Here it is. https://twitter.com/kevinmilligan/status/1247674088350334976?s=19
But">https://twitter.com/kevinmill... I will summarize in one tweet.....
I wrote a thread on this last night.
Here it is. https://twitter.com/kevinmilligan/status/1247674088350334976?s=19
But">https://twitter.com/kevinmill... I will summarize in one tweet.....
Why not just "send everyone a flat universal cheque"?
* it would not actually be faster.
* it would not reach "everyone". No such database exists. So you& #39;d still have to plug gaps
* would cost 30% of GDP/month.
* clawing it back at tax time not easy. https://twitter.com/kevinmilligan/status/1247674088350334976?s=19">https://twitter.com/kevinmill...
* it would not actually be faster.
* it would not reach "everyone". No such database exists. So you& #39;d still have to plug gaps
* would cost 30% of GDP/month.
* clawing it back at tax time not easy. https://twitter.com/kevinmilligan/status/1247674088350334976?s=19">https://twitter.com/kevinmill...