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RE: Basic Income must be global or it will fail.

in #basicincome8 years ago (edited)

I still agree with the headline and see issues with local solutions.
My preferred concept would also eliminate all taxes except a VAT of about 50%, the same as the current total tax rate but a lot easier to handle (besides other advantages over the current tax system). But borders are too permeable for that to simply work when the neighboring countries don't cooperate.

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