Comments by "josh fritz" (@joshfritz5345) on "Pete Judo" channel.

  1. Abolish property tax. If I buy land, I should own it.
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  2. Sure, and the people being taxed to pay for it have to get a second job. UBI isn't free money. This study doesn't show the damage caused by taxing working people to fund this program.
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  3.  @tjpaiva3296  UBI is an extremely, ludicrously expensive program. UBI, practically implemented, would cost about a quarter of the US's GDP (26.667% based on my rough calculations). To try to fund UBI would require the kind of tax hike/ inflation that can kill a nation.
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  4.  @ThatsMrPencilneck2U  Yeah, I'm not a fan. I believe in private property, unlike the US government.
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  5.  @BaddeJimme  Neither should pay any tax. If you own land, you shouldn't have to pay rent to anyone to keep it.
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  6.  @ThatsMrPencilneck2U  That's how it should be, that's not how it is. Just like how the US should have private property, yet we have to pay rent to the government or be evicted from "our" property.
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  7. Printing money to pay people to not work is a recipe for inflation, not to mention, as you said, the possibility for abuse by the government. Self sufficient people are more resistant to government tyrrany, and no one is less self sufficient than someone who is paid by the state to not work.
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  8.  @teagancombest6049  The US armed forces costs 211 billion dollars per year. $12k x 400 million Americans means that UBI would cost 4.8 trillion dollars per year, not including administrative costs. UBI would cost over 22 times as much as the entire US military.
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  9.  @tjpaiva3296  The US GDP is 15 trillion dollars per year. That's the entire GDP, not just the part that is taxed. To give every American $12k per year would cost 4.8 trillion dollars. Here's the math: 12k dollars times 400m people equals 4.8 trillion dollars. Feel free to check the numbers with a quick search, use a calculator if you want. In short, I was wrong earlier. UBI would not cost a quarter of the US GDP, it would cost a third of it.
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  10.  @tjpaiva3296  You're just refusing to do the math, assuming there is some magical fountain of money to draw from. There isn't enough money to fund UBI. UBI would, not including administrative costs (which would likely double the cost of the program) cost nearly as much as the ENTIRE US government.
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  11. Price controls are really terrible in their own way. If it's illegal to charge enough for a commodity to be profitable, people will stop making and selling that product, creating shortages.
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  12.  @ThatsMrPencilneck2U  I'd get rid of income tax too, or vastly reduce it. Of course, overall tax revenue would fall, but that's fine. Government is a bloated mess and can afford to shrink. The only taxes I'd leave intact are things like capital gains. There would necessarily be less taxpayer funded financial assistance programs, but people would be much wealthier overall, so there would be less need for such programs. Likely private charitable organizations such as churches would step up to help fill any gaps, as they do already with food banks and such.
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  13. Great, where does that free money come from? People who are working. People like me. UBI doesn't magically create free money out of thin air. It steals wealth from people who work and "redistributes" it to people who do not. Oh, but the working person gets $1000 per month too? Great, now they pay $2000 more per month in taxes, $1000 for their own UBI check, and $1000 for the unemployed bum who lives off their paycheck. That's not even counting the other money that is wasted on government workers who manage the program who also produce nothing of value.
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  14.  @meneldal  There are people who will be driven homeless by even a small tax increase, let alone 2k a month. You don't understand, or more likely, refuse to understand the scale of UBI. 1k per month UBI would cost more than welfare, medicare and the entire military budget combined. It would be the single most expensive government program by far.
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  15. Friedman wasn't really an advocate of UBI, he just said that reverse income tax was the least harmful way to do it.
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  16. Somehow the answer to socialism not working is always more socialism. It doesn't work. Get over it. Get a job too.
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  17.  @ThatsMrPencilneck2U  Communism isn't anarchism. They are exact opposites.
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  18. Great, now what about the harms caused to the people who are forced to pay much higher taxes to fund UBI? What about the people who will never be able to afford a home, or have children, or need to get a second job to earn a livable income because of the increased tax rate?
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  19. I read a history book once, and I knew it.
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  20.  @Wayofthegamer7  Nah. The prices would rise for land, of course, at least in areas in high demand, but land would still be for sale.
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  21. I'd rather just have a tax cut. I'm lazy, I don't need another reason to not work. It might help some homeless, but for others, it will enable their addictions. California tried something like this, handing out money to the homeless, and overdose deaths skyrocketed.
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  22. ​ @justtiredthings  Why should I care if someone else is wealthy? I care about improving the lives of working class people like myself. That means reducing the tax rate on the money I earn.
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  23. Explaining to a college kid how me being forced to pay their debt is a net harm to society and definitely a harm to myself is pointless. They have a problem of their own making, so anything and everything is morally acceptable to them in order to dodge responsibility.
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  24. Youtube has decided that I am not allowed to comment on this post. Yay. I'm just testing to see if this one gets deleted too.
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  25. Abolish taxes on overtime.
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  26.  @chrisl4999  So you want communism. Yeah, no.
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  27. That's exactly what the government wants
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  28. $1000 less net worth on average. That is easily enough to be statistically significant. Additionally, keep in mind, this money is coming from somewhere. UBI would be funded by raising taxes on productive people who actually work in order to have taxable income. Essentially, it is stealing from the productive people to subsidize the lazy people. That only works for so long before the productive people get tired of being host to parasites and either move away or stop working themselves. I'm not the hardest worker in the world, and I certainly won't work for free. If most of my income is being taken, why should I bother working when I could just work less hard and collect UBI?
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  29.  @Living_End  If UBI had zero net effect, these people receiving 1k a month for 36 months would be on average 36k richer by the end of 3 years. The baseline isn't zero, it's plus 36k. If these people are not only NOT 36k richer, but are actually even poorer than the people in the study who received almost no aid, you are actively and severely hurting these people's ability to be self sufficient. Yes, putting people on UBI makes them incapable of earning money for themselves, this study was evidence of that. All of that, and now you have to justify taking $36k from someone who is working full time. You are taxing someone 36 thousand dollars and using that money to ruin someone else's life by permanently killing their motivation to work and improve themselves. Everyone loses, literally no one comes out ahead.
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  30.  @SulkySkull  A lot less people would be poor if they got to keep more of their paycheck. When most people are well off, suddenly the need for socialist programs goes away.
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  31. I just don't want to lose $1000 more per month to taxes. That would easily be enough to push me over the line of losing my apartment, or else getting a second job to survive.
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  32. Correct. And UBI punishes people who work and contribute to society by stealing the value of their labor to redistribute it.
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  33. People who do not understand this should not be allowed to vote.
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  34.  @gauloise6442  The primary cause of inflation is the US government printing tons of money. Some other factors can contribute such as a shortage of goods, but rising wages is actually a consequence of inflation, not a cause of it. It also has absolutely no upsides because those wages take time to catch up with the rising cost of goods, meaning that workers get poorer overall.
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  35. Their leisure time is being funded off the backs of people who are working harder and being taxed more. It's fundamentally immoral to take from someone who works hard to give to someone who doesn't.
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  36.  @KateeAngel  Corporatist economy, but otherwise yes, carry on. Capitalism implies a free market. What we have now is much worse. Corporatism is when the corporations lobby (bribe) the government to pass laws giving them an unfair advantage, allowing them to drive their opponents out of business and form monopolies or near-monopolies.
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  37.  @ctrlaltdebug  That wouldn't be enough to fund UBI.
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  38.  @aluisious  I pay nearly 40% of my income in taxes and I do not make enough money to ever own even a modest home
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  39.  @tjpaiva3296  So you really know nothing about currency or inflation and think everything is the cause of evil rich people wearing top hats and monocles. Well, yes, kind of, but not for the reasons you think.
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  40. I am an advocate for lowering taxes to the absolute minimum necessary to have any public services. That being said, if some kid can demand taxpayers foot the bill for their college debt, why shouldn't some Mexican guy have the taxpayers buy him a $60,000 pickup truck so he can start a landscaping business? He'll do more good than some 22 year old with a degree in underwater basket weaving.
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  41. It's a bit of both. It's part of the reason why poverty can be "sticky" or hard to escape. I've been in that situation. I'm generally a long term thinker, much more so than most people. But when I was on the borderline of being homeless for a couple of years, I could not afford to think ahead more than a week or two. It took a while to transition out of that.
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  42. Your taxes would go up sharply to subsidize all the people who stop working to live off of UBI.
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  43. The problem with socialist wealth redistribution is that money isn't free. To pay for it, you need to tax the hell out of productive, working people. You're causing harm to working people in order to subsidize the lifestyles of those who work less or not at all, and thus have no taxable income to contribute.
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  44.  @vfwh  If you work more, you will be taxed more, all to pay for UBI. When the government wants to raise taxes, the working class are the first target.
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  45. I've been there. I'm slightly better off now, but not by a ton. I'm still never going to own a house at this rate. If I didn't lose 38% of every paycheck to taxes, I'd already have a down payment on a house. UBI isn't the solution because it's just going to cause my taxes to go up by the same amount, if not more.
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  46.  @justtiredthings  Most tax increases happen on the working class. Rich people have the money to pay consultants to find tax loopholes. Middle class people don't. Thus, governments take the path of least resistance and tax the middle class.
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  47. ​ @justtiredthings  Democracy in western nations is largely a placebo. Western governments very regularly completely ignore the will of the voters on major issues. Western governments act primarily in the interests of corporations, special interests and NGOs. Youtube will remove my comment if I list specific examples. I agree we need a revolution, but the solution is not to abolish free trade. We need more of that, many of our problems stem from excessive restrictions on people's behavior by government. UBI is a pipe dream, and will remain so for a long time. It is simply not feasible to fund a program of that scale. I'd go into the math behind it, but my comment might get removed, and it'd be wasted effort. Suffice to say, it'd be the single most expensive government program by far of whatever country adopts it.
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  48.  @justtiredthings  It's not a bug, it's intentional censorship. And my last reply to your long response was deleted. So yeah, we can't talk here, sorry about that.
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  49.  @justtiredthings  I just don't care, I'm not participating in a rigged game.
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  50.  @rika8484  We do need a country that takes care of its own, and we need to do that on a local level. The government cannot be trusted with that responsibility. The larger the state grows, the more corrupt it becomes. If you want a health care system or UBI, make it opt in, no one should be forced into a system like that against their will. Part of taking care of your citizens is knowing when to leave them alone and let them handle their own affairs.
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