Would you support universal basic income if it meant eliminating all other social safety net progs?

C

CC Dobbs

Well-Known Member
I'm waiting to check on my translation but I believe the title of this thread is a palindrome in the Greek language,

Additionally, I'm on a bitcoin only economic model so how much would I get and could I still drink most of my income away?
 
panhead

panhead

Well-Known Member
If you could pry the trillions from the cold dead fingers of the top 10% money barons & seize their assets for fair distribution it might work .

But isnt that communism ?
 
Padawanbater2

Padawanbater2

Well-Known Member
sheskunk said:
So give everyone free money and then tax them to get it back so they can give it to them again?

Should just make everything in the world free.
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"An unconditional basic income (also called basic income, basic income guarantee, universal basic income, universal demogrant, or citizen’s income) is a form of social security system in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere."
 
sheskunk

sheskunk

Well-Known Member
Padawanbater2 said:
"An unconditional basic income (also called basic income, basic income guarantee, universal basic income, universal demogrant, or citizen’s income) is a form of social security system in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere."
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So they take my money in the form of taxes so they can give it back to my as a source of income?

And this makes sense to you?
 
Padawanbater2

Padawanbater2

Well-Known Member
sheskunk said:
So they take my money in the form of taxes so they can give it back to my as a source of income?

And this makes sense to you?
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What's difficult to understand about this pretty basic concept? Everyone is guaranteed an income whether they work or not and it's cheaper to provide than the current social safety net programs we use. Win/win
 
UncleBuck

UncleBuck

Well-Known Member
sheskunk said:
So they take my money in the form of taxes so they can give it back to my as a source of income?

And this makes sense to you?
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a universal basic income reduces your tax burden. everyone gets UBI, including those who work. so your tax burden would be reduced by whatever the amount of the UBI.

dumb sock puppeted admin.
 
Padawanbater2

Padawanbater2

Well-Known Member
TheHermit said:
If that was the case I think our population would swell to about a billion within a decade or two. Hell, I would be scouring the third world looking for a bride that already has 15-20 kids.
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UBI wouldn't come without some regulations, things that would prevent loopholes like your example from being exploited
 
TheHermit

TheHermit

Well-Known Member
It might stop the example I presented, but how could the government stop people from breeding like rabbits. I like the idea, but I don't see how it would work. It would cost 5-6 trillion every year, and the government only brings in about half that amount in taxes.
 
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