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Comments by "" (@TheHuxleyAgnostic) on "MIT Scientist Pushes Back on Andrew Yang's Automation Warnings | Joe Rogan" video.
Musk is a billionaire douchebag, who only claims about $50k in income a year, so he doesn't have to help pay for the infrastructure that helped make him rich, doesn't have to help pay for the military that protects shipping lanes and corporate interests abroad, doesn't have to help pay for the elderly's healthcare or social security, etc. And, because a VAT doesn't actually tax businesses, Musk would only gain from $3t in consumer spending, making billions extra a year.
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Scandinavian countries feel prepared for, and even welcome, automation. Why not prepare by going with the candidate whose platform is the most Scandinavian like, rather than Yang? https://www.boyden.com/media/automation-and-jobs-the-swedish-perspective-3770222/index.html
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But, Yang's VAT/UBI scheme won't have corporations paying into their communities. A VAT is specifically designed to NOT tax businesses in order to avoid double taxation. It's a sales tax collected in stages with all the business stages getting paid back their input VAT. A VAT won't have corporations "paying their fair share" in taxes. A VAT won't have corporations paying you for your data. A VAT won't have corporations paying you to show you ads. A VAT won't have corporations paying you for every automated truck mile. A VAT will do the opposite ... make consumers pay a tax on their own data, pay a tax to be shown ads, and pay a tax on the automation taking their jobs. A corporation like Amazon won't pay into the dividend and only get the benefit of the dividend being spent. Amazon would make an extra $60b a year from $3t in increased consumer spending. https://ec.europa.eu/taxation_customs/business/vat/what-is-vat_en
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