What I find funny is that some days I’ll be adamant about how bad UBI would be because of the cost, and the next, I’d be the loudest voice next to yours for its good. I feel it would be super easy to implement. Basically, you’d tax every company for every self checkout machine as if each machine is a person and the salary that would be paid to the person is instead of a machine would be used to fund it. I k ow its poorly worded, but I hope people have enough sense to understand what I mean.
Yeah, there’s a lot of technicalities involved. Like, do you tax the companies directly, or rather the billionaires owning the companies?
My proposal so far is: Every person who has citizenship has to pay 3% of their total wealth off as wealth tax annually. Which makes sense because if they invest in stock, that stock likely goes up by more than 3% annually (after adjusting for inflation). So they don’t even have to lift a finger to pay off that wealth tax. (Excluding a tax-free amount of $1 million). That would fund surprisingly much. I did some preliminary math, and in germany, such a wealth tax alone would provide every person with citizenship with approximately $120 /month.
Which is just a small support. UBI doesn’t necessarily need to jump from 0 to 100%, maybe it’s easier to introduce it slowly and then increase the value.
If i may ask: what makes you against UBI on some days?
What I find funny is that some days I’ll be adamant about how bad UBI would be because of the cost, and the next, I’d be the loudest voice next to yours for its good. I feel it would be super easy to implement. Basically, you’d tax every company for every self checkout machine as if each machine is a person and the salary that would be paid to the person is instead of a machine would be used to fund it. I k ow its poorly worded, but I hope people have enough sense to understand what I mean.
Yeah, there’s a lot of technicalities involved. Like, do you tax the companies directly, or rather the billionaires owning the companies?
My proposal so far is: Every person who has citizenship has to pay 3% of their total wealth off as wealth tax annually. Which makes sense because if they invest in stock, that stock likely goes up by more than 3% annually (after adjusting for inflation). So they don’t even have to lift a finger to pay off that wealth tax. (Excluding a tax-free amount of $1 million). That would fund surprisingly much. I did some preliminary math, and in germany, such a wealth tax alone would provide every person with citizenship with approximately $120 /month.
Which is just a small support. UBI doesn’t necessarily need to jump from 0 to 100%, maybe it’s easier to introduce it slowly and then increase the value.
If i may ask: what makes you against UBI on some days?