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"a rich country that can afford it" is an absolutely terrible argument. I agree with tracker1, its better than the bevy of welfare programs in the US for examp
by billytetrud 10y ago
"a rich country that can afford it" is an absolutely terrible argument.
I agree with tracker1, its better than the bevy of welfare programs in the US for example. Better than this would be a negative income tax tho. http://economics21.org/html/replace-welfare-negative-income-tax-1479.html http://economics21.org/html/replace-welfare-negative-income-...
- billytetrud 10y agoActually, I take my comment back. As this article shows, the negative income tax and basic income are actually the same because taxes claw back the basic income at higher levels of income (if you have a progressive tax structure): http://www.adamsmith.org/blog/welfare-pensions/the-negative-income-tax-and-basic-income-are-pretty-much-the-same-thing http://www.adamsmith.org/blog/welfare-pensions/the-negative-...