(Sort of—funding UBI from a 100% LVT would solve it for the case of literal rent seeking, because if landlords increased the rent, that additional money would be taxed back into the UBI pool. To make it a general solution, you’d have to identify all instances of rent-seeking, and tax the underlying asset with a metaphorical 100% LVT).
Land Value Tax would solve this.
(Sort of—funding UBI from a 100% LVT would solve it for the case of literal rent seeking, because if landlords increased the rent, that additional money would be taxed back into the UBI pool. To make it a general solution, you’d have to identify all instances of rent-seeking, and tax the underlying asset with a metaphorical 100% LVT).
In that case UBI seems like a bad policy in isolation, as it seems like it may only be effective if rent seeking is effectively curtailed.