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Interesting article, and a good mind-expanding summary of various options and history. TL/DR: > Basic income is to the social state what the flat tax is to th
by JabavuAdams 10y ago
Interesting article, and a good mind-expanding summary of various options and history.
TL/DR:
> Basic income is to the social state what the flat tax is to the tax system. It flatters the engineering mind with its apparent simplicity. But in fact it is impossible to implement; it’s also politically suicidal; nobody’s ready to die for it; and even if it existed, it would probably trigger extraordinary political tension and the highest level of inequality in modern Western history.
- AdrianB1 10y agoI live in a country that has a flat rate tax system. Not a flat tax (as in "equal amount for all taxpayers"), but a flat percentage. The overall tax rate in my country is about double than US and the life quality is worse. Go figure :)