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Obviously, a "Kim-style" UBI would be a bit different from the one proposed in that particular article. I'm looking at something that might be a good workaroun
by Kim_Bruning 7y ago
Obviously, a "Kim-style" UBI would be a bit different from the one proposed in that particular article.
I'm looking at something that might be a good workaround to actually get to a workable implementation of Negative Income Tax: https://en.wikipedia.org/wiki/Negative_income_tax https://en.wikipedia.org/wiki/Negative_income_tax
... which is definitely financially feasible and quite likely a good idea (and likely to save money in so many ways). In itself it's just a little bit impractical due to the sheer amount of work that rewriting tax laws would take. Hence: workaround.
Also note that I am speaking from experience-on-the-ground in Europe, and my reasons to propose UBI are thus a little different from those of Elon Musk or Sam Altman.
- DoreenMichele 7y agoAh, saving money. Sure. Let's disinvest in solving the hard problems that are typically the root cause of intractable poverty. To save money. That makes me think of this line: UBI Is a Transfer of Wealth from the Needy to… Everyone From this excellent analysis: https://medium.com/s/free-money/after-universal-basic-income-the-flood-217db9889c07 https://medium.com/s/free-money/after-universal-basic-income... I'm not for UBI. If you are looking to convince someone otherwise, you are wasting your time. I know plenty of things that actually do work to solve problems and bring down expenses. No one cares to listen to any of that. But you do you and let's just agree to disagree. Some desperately poor American woman who thinks UBI is nonsense is zero threat to your plans to change European tax codes or whatever. Adieu.
- Kim_Bruning 7y agoHum, well, you opened the topic, and you've dragged me much off-topic only to leave me in the woods. I guess you've very effectively trolled me. And for that, my hat off to you ma'am. Have a good one! (If you're actually a real person, note that you initially came across as a conservative with a silver spoon and at least 6 figures of net worth based on the opinions you hold, so I figured my best strategy was to convince you I wasn't just some socialist out to tax all your money and give it to the poor. )
- ficklepickle 7y agoShe is an actual person, she posts a fair bit around here. I'm 99% sure she wasn't trolling you. Maybe she was just frustrated. I often appreciate her POV. It's good to have different perspectives in a discussion.