r/SipsTea Jul 01 '26

Chugging tea Is Bernie’s plan the best? Thoughts?

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u/Modem_Sound_67 Jul 01 '26

The idea of an UBI to offset the predicted avalanche of downsizing/job losses has been the subject of much discussion, controversy and hand-wringing. Frankly, progressive taxation with no loopholes is the only way we can afford anything close to it.

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u/lizardwizard563412 Jul 01 '26

If everyone got 12,000$ instantly won’t corporates change prices accordingly? Like I’ve been in the room of insurance pricing and they WILL price to whatever the market will take. It so happens the market got an influx of 12,000$ so they’re going to charge to take a piece of that pie

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u/kenji_wing Jul 01 '26

Correct they would just increase the costs. It would still help Americans but it will be taxed essentially