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Thoughts?
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this post was submitted on 02 Aug 2024
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I think it all boils down to elasticity - conservatives seem unaware that it even exists. So they think that every dollar a business pays in taxes/wages will go towards higher prices, and every dollar of UBI will go towards higher rents. When leftists say "profit", conservatives hear "revenue".
And when you try to educate them about it, they pivot to an argument against basic econ 101.