Universal Basic Income #UBI is often confused with socialism, but the two are fundamentally different.

It gives cash directly to individuals without controlling their choices, while socialism involves state control of the economy. Let’s explore why that distinction matters. 🧵 In socialism, the government controls industries and redistributes wealth by managing economic sectors from the top down.

This limits individual choice and stifles innovation.

#UBI, on the other hand, provides financial freedom, empowering people to make their own decisions.

Have you ever wondered why there are so many vacant lots in our cities, especially in areas that have been zoned for development?

Why do some landowners leave their land idle and undeveloped, while others build homes, businesses, and amenities on theirs? The answer lies in the way we tax property.

Under the current system, property taxes are based on the value of both the land and the buildings on it.

This means that landowners who improve their land by building on it pay more taxes than those who leave it vacant.