At this point the issue is, basically, economic efficiency. If you give $X to a group of people, what happens to their economic output? If it did not grow by at least $X
That’s not how economics works. People differ massively in the value they would put on the marginal dollar that they earn, and this is the main reason why giving some “free” money to low-earners can make economic sense, even if that money is raised via taxes.
People differ massively in the value they would put on the marginal dollar
Yes, of course.
giving some “free” money to low-earners can make economic sense
When you say “make economic sense”, what do you mean? If you mean that the aggregate utility of the society would increase, that’s not how economics work.
That’s not how economics works. People differ massively in the value they would put on the marginal dollar that they earn, and this is the main reason why giving some “free” money to low-earners can make economic sense, even if that money is raised via taxes.
Yes, of course.
When you say “make economic sense”, what do you mean? If you mean that the aggregate utility of the society would increase, that’s not how economics work.