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Forum Post: Unconditional Basic Income - gaining support worldwide !!!

Posted 13 years ago on Dec. 4, 2011, 10:40 a.m. EST by ubi (6)
This content is user submitted and not an official statement

Basic income is a particular form of guaranteed minimum monthly income, which gives all people access to some income irrespective of their current work performance or their past work performance. A guaranteed minimum income in this sense is something which has existed in several European countries for a number of years, but basic income differs from the existing guaranteed minimum income along three dimensions: first, basic income is strictly individual, given to all people on an individual basis irrespective of their household situation; second, it is given to all irrespective of income from other sources (labor income or capital income); third, basic income is not subject to whether people are willing to work or not. It is not restricted to the involuntarily unemployed, but would be paid to everyone, including people who choose not to engage in paid work (for example, housewives, househusbands, volunteers, students, and many artists).

Funding solutions could involve a combination of the following tax increases for the wealthiest 20%:

  • Income tax
  • Capital gains taxes
  • Inheritance taxes
  • Luxury taxes
  • Pollution taxes
  • Lottery / gambling taxes

  • Elimination of current income support programs and tax deductions

3 Comments

3 Comments


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[-] 1 points by owews (7) 13 years ago

Raising taxes lowers economic activity as explained in economics 101. Lowered economic activity results in less taxes collected, also explained by economics 101. Don't you have any understanding of economics 101???

[-] 1 points by Censored (138) 13 years ago

Free shit! Checks in the mail taken from someone else, and only because you exist!

It isn't gaining support, it's always had support. It's human nature to simply want to live off of someone else if you can get away with it. Earning a living is hard; many would like avoid it.

[Removed]

[-] 0 points by Coriolanus (272) 13 years ago

Someone has to put up the money voluntarily, or have it taken from him by force. And as George Bernard Shaw said, "A government which robs Peter to pay Paul can always depend on the support of Paul. "

So you can count on "worldwide support" from all the Pauls on the planet (except maybe that Ron guy).