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iso1631 3 hours ago

Unless of course that UBI is funded by a land value tax.

SoftTalker 2 hours ago | parent [-]

How does land value tax help in particular here? Landlord pays land value tax, which is distributed via UBI, and then paid back to the landlord in higher rents (in the above scenaro).

larsiusprime 2 hours ago | parent [-]

This is a good resource on the question -- Land Value Tax is not passed on to tenants, the landlord eats it. This is pretty unique among taxes, which is why LVT is a particularly good way to fund UBI, otherwise you would expect the UBI to result in inflated rents.

https://progressandpovertyinstitute.org/wp-content/uploads/P...

SoftTalker 2 hours ago | parent [-]

The argument seems to be "that landlords are already charging the maximum that tenants are willing to pay for access to a given location and so cannot arbitrarily raise rents when a LVT is imposed."

But, if the tenants now have more money in the form of UBI, then that argument doesn't hold.

estearum an hour ago | parent [-]

No the argument is that the landlord will raise rents, but they will not keep them. The gain generated by UBI, by virtue of raising the value of the land underneath the unit, would be recouped by the LVT at tax time.

UBI is passed from the tenants to the landlord in the form of higher prices, but is recouped by the LVT, which cannot be passed in reverse from the landlord back to the tenant.