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VAT is a highly efficient tax, very hard to game. But it's regressive. If you couple it with an UBI, you can fix the regressivity, and keep all the good parts.

It's a way to make VAT good, not a way to make UBI good.

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Right on. What does "regressive" mean in this context?

Poor people pay a higher share of their income than rich people.

Ah, yes that is 100% true and likely to be true of any VAT implementation that hits consumer goods. If a VAT could hit B2B transactions only, it could be possible to "tax the tech companies"

The beauty of a VAT is that there is nobody determining the difference between consumers and business, it's just transactions all the way down, with later ones verifying the earlier ones.

If you start adding rules, it will stop working.

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