CMV: Instead of more benefits we should have smaller income inequality
I’m really not an economist I just study politics so this is genuinely a cmv. I would generally say that I fully support equality of opportunity and that we need greater equality of outcome to achieve this. But I think taxation should be benefiting everyone. Knowing your money is going to some random person is kinda unfair. Tax being used for national services makes sense since you’re gonna use that and it’ll probably be cheaper than using a private company. The issue is that people need benefits in the first place and it’s kinda hard to argue with that since a lot of them are just genuinely dealt a bad hand. But I think the solution is to ensure no one is paid way more than someone else (in terms of £/h), so you’ll be rewarded for work at any level. I understand the need for incentive with difficult jobs like doctors, but I think you have this incentive without the needing to earn over £500k a year with the same amount of hours put in as someone earning £20k. I don’t think I explained it properly in so tired so sorry and I can explain further if needed. Also I’m quite curious about negative taxation if someone could explain that? Mostly I just think the benefit system doesn’t work rn because you have no control over what you buy with your state given money. ALSO I’m not against benefits I just think there might be a better solution