You are viewing a single comment's thread from:
RE: Universal Basic Income: What do you think of it?
- Yes, yes
- It could easily be paid by the taxes which are now not paid by big companies like Google, Facebook, Shell, etc. using glitches in the laws.
- see 2.
It's already proofed working in some countries.
Finally someone that can answer to each point!
I don't get what you mean in 2. UBI would increase cost of a state by 50%. So taxes also need to increase by 50%. That would not be insignificant and i think would completely fuck up any economy.
Hi @knicky,
taxes do not need to be raised/increased. They need to be paid!
If you accumulate all not paid taxes from these big multi-national companies there would be more than enough money to finance a UBI.
And yes: some of them will raise their prices so we will pay for it at the end.
But what about "free" services like Google, Facebook, etc? They can't do that and simply make a little bit less money which will only "hurt" some investors at the stock exchanges.
These companies are making really big money without paying (almost) no taxes.
Think also about Amazon - making billions - disturbing the market with "impossible" low prices and not paying the minimum salary to their e.g. warehouse workers. This is modern slavery and the taxes are not paid.
Ubi doesn't work anywhere. Finland tried it and not much happened it cost money and people who got free money were slightly happier. Surprise suprise.
Posted using Partiko Android