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How do you enact basic income when a majority of your population doesn't have an income and thus can't pay the taxes that finance that exact basic income?
by LunaSea 11y ago
How do you enact basic income when a majority of your population doesn't have an income and thus can't pay the taxes that finance that exact basic income?
- aninhumer 11y agoThe taxes are paid by the people who now own the entire productive economy.
- LunaSea 11y agoThese people would never have enough money especially since the companies they control will have a much smaller consumer base due to higher and higher unemployment rates, a consequence of automation.
- aninhumer 11y agoExcept you have Basic Income to offset that unemployment, so there's still plenty of consumption.
- shkkmo 11y agoTax capital, not income, like we should have been doing in the first place.