A Basic Income will help everyone!

[Revolutionary Think]

 

[Revolutionary Think]

Andrew Yang was proposing a 10% VAT tax. 

[commie]

VAT is a regressive tax. Transaction taxes aren't quite as bad but still... paying for a UBI that way is a terrible idea. If you can't fund it more sanely, better drop the issue!

Most states in a position to offer a UBI don't need more tax revenues anyway but that's another topic.

 

[commie]

Look up what a regressive tax is. The right amount is 0%.

This is especially important with a UBI which would disincentivize poor people from working. Sometimes the benefit of a policy is worth such a disincentive as in the case of a carbon tax. VAT on the other hand has no benefits and just makes the problem worse.

[commie]

Perhaps I've been too charitable in assuming people understood what UBI is...

20 minutes ago, dflores321 said:

The idea of a country full of people sitting down doing nothing because of ubi is ridiculous, and a projection of peoples transactional minds (Ill only contribute to society if im paid for it.).

UBI makes no sense outside of a society which works in such a transactional way because the whole point is to get paid. And the problem isn't that people might not want to contribute but that such contributions aren't fungible and that the societies we live in are set up so as to require many workers to obey instructions no one would follow if they were not under duress.

Edited October 9, 2020 by commie

[commie]

Sure, it's doable. I like the idea in principle, precisely because of the complicated and slow changes it would both require and bring about if was done properly. But so far as I know, the idea has only been used to harm people by gutting social programs so far.

[Gidiot]

Sustainable ubi only happens in a social democracy early or solid stage green. I don’t think in a socialistic society you would even have one, or maybe if you changed currency. 
 

right now society is structured to produce and employ, for a ubi to work you’d need to prioritize other things like happiness and an economic bill of rights. 
 

you can still have the produce and employ aspect but you can also have the expression and education aspect, you just have to look at is as a right now a privilege. Like water air and food, we are close but far away and it is a very complex issue that would need to be means tested

[Revolutionary Think]

@Gidiot interesting take but, the means testing would be a problem because who decides the means testing and if it's means tested it's not Universal. A lot of means testing leads to some people getting nothing and left behind. 

[commie]

Means testing is pointless and creates perverse incentives. More importantly, politically it's a poison pill (meaning that people insist on it in order to sabotage the measures they want to attach it to by making them less popular).