@scottsantens.com Given all money in a bank account somewhere is matched by debt elsewhere and, under your proposals, money is still accumulating, albeit more slowly (i.e., it's still capitalism), debt must keep accumulating too. My question then: in your system, where's the debt accumulating?

Thanks for asking. I'm worried about debt because it's often missed in #UBI conversations and has real impacts on the ability of households (and businesses) to meet their needs.

Thanks Scott - I hear you. However, if capital is accumulating (in the aggregate) in bank accounts of the wealthiest households/companies, then that means the 'corresponding' debt hast to be held elsewhere. I don't see how any policy, smart or otherwise, could change this phenomenon, mathematical.

Thx @scottsantens.com. Follow-up q: If, under any UBI scenario all the taxes you describe were enacted, can we agree that (given profit-maximization is still central) net accumulation of money in the bank accounts of the wealthiest households/corporations still occurs, albeit more slowly than now?