• wombatula@lemm.ee
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    1 year ago

    literally no downside except for needing to tax the rich

    So literally no downside at all then?

    • Honytawk
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      1 year ago

      There are downsides.

      Some people require more income to stay alive than others. Think of people with decreased mental or physical capabilities.

      Those would loose a big chunk, which need to be subsidised somehow.

      But the upsides outweigh the downsides.

    • lolcatnip@reddthat.com
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      1 year ago

      It’s a political downside, because anything involving taxes will turn some people against it.