The Forum > General Discussion > Universal Basic Income
Universal Basic Income
- Pages:
-
- 1
- 2
- 3
- Page 4
- 5
- 6
- 7
- ...
- 10
- 11
- 12
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
Before falsely accusing me of failing to see basic human traits, try actually reading what I've written!
Is money not an incentive to work?
Do you imagine that if everyone had the option to work part time, nobody would work full time because they'd have no incentive?
Or did you, as I suspect, simply fail to comprehend that the UBI would be in addition to wages, not instead of them.
And certainly nobody's suggesting a UBI anywhere near $50k/y, nor anything that pushes our tax rate up to 70+%.
The UBI would be a slight disincentive, and that alone may be sufficient reason to oppose it. But it would not be the enormous disincentive to work that you imagine it to be.
BTW nobody has left South Australia due to high taxes. People have left because of lack of opportunity, but that had very little to do with state taxes. As for Zimbabwe, people left because the economy collapsed - not because of high taxes, but because their government held their currency's official value far above its real value while discouraging foreign investment and declaring war on their main export industry. If you want an example of the effects of high taxes, you should look at South Africa.
_____________________________________________________________________________
ttbn,
As bad as the UBI proposal is, it has nothing to do with collective farming, and does not make the same mistakes.
_____________________________________________________________________________
Armchair,
The US Federal Reserve is the only central bank in the world that's not 100% government owned.
The Bank of North Dakota is neither private nor central.
The COMER Lawsuit alleged that control of the Bank of Canada had been given over to private interests. It was thrown out. I suspect it would have done better had it not made that accusation.