Universal Minimum Income

[eynon81]

so the gubmint would pay people just for sitting around and buying stuff?

[The Dharma Bum]

time spent working like a cog in a machine is wasted effort, cultural advancement is the result of leisure time

[exploited]

[Winchester]

[Winchester]

[exploited]

[Professor]

Let's say that it's determined that the "basic income" is $20k/year. Why pays for that extra governmental outpouring of money? Taxpayers, I assume. So, taxes go up on those who pay taxes. And, because not everyone pays, those who pay taxes will get a >$20k/year tax increase. Then, they demand to be paid more by their bosses. Their bosses have to raise prices to generate more income to pay the employees. So, prices rise on goods. Now, that $20k no longer provides "basic" anything. And, that $20k becomes $30k. And the cycle begins again.

Am I missing a step in my logic where people will truly have an extra $20k laying around that no one has to pay for?

[Winchester]

[John Galt]

almost the entire world is above the poverty line of $1/day. all americans are. we've done it guys, we can all go home




also the swiss initiative has no chance in hell. they had a referendum to institute a minimum wage was and that was destroyed with 76% against it this year. and now they think people will vote for giving away money? lol

to be fair, the government already does all of this anyway



pick your poison

[Winchester]