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You don't have to tax everyone for basic income. Thought Experiment: Let's say we eventually have a super robot, which can build other robots which can produce

You don't have to tax everyone for basic income. Thought Experiment: Let's say we eventually have a super robot, which can build other robots which can produce all the goods and services the humanity can consume sustainably. Now, You(Government representing the people) can print money and give it to all of humanity to buy the goods and services from this Super Robot. At the end of the year, this 'super robot' (or the owner of the super robot) will have all the money that is printed. Next year, you can a) Print a fresh set of money and distribute, leading to this super robot accumulating all the money (but really who cares, you can make laws that limit how much non-renewable assets a single person or robot can own) b) Tax this 'super robot' 99.9999% and redistribute it again. Repeat (a) or (b) forever

hellisothers 5y ago
The most far fetched part of this story is a “Govt representing the people” that would tax the robot.
- deltree7 5y ago
  Facts on ground prove the point. https://taxfoundation.org/top-1-percent-pays-more-taxes-bottom-90-percent/ https://taxfoundation.org/top-1-percent-pays-more-taxes-bott... Don't let your bias or brainwashing go against facts. It is inevitable that the top 1% will be bearing most of our taxes Donald Trump was elected by a populist movement, not by the donor class. Government also printed $10 Trillion in the last two years and gave it away to mostly poor
  - tata71 5y ago
    > Government also printed $10 Trillion in the last two years and gave it away to mostly poor Incorrect. QA/corporate bonds have been out of control, PPE etc loans that will be forgiven en masse after being given to the best and coziest customers of the large banks, etc.
  - hellisothers 5y ago
    I can’t actually figure out the point being made here…
  - mlyle 5y ago
    > It is inevitable that the top 1% will be bearing most of our taxes [posts a graph that shows top 1% bears about 35%, not most, of income taxes, ignoring payroll and other regressive taxes] Compare to https://i.imgur.com/KLmRsY8.png https://i.imgur.com/KLmRsY8.png , which indicates that the top 1% have about 20.9% of income and pay about 24.1% of taxes.
DarylZero 5y ago
Right, or if you don't have an abundance-robot, you could tax other non-human resources, such as oil reserves or land.

hellisothers 5y ago

The most far fetched part of this story is a “Govt representing the people” that would tax the robot.

deltree7 5y ago
Facts on ground prove the point. https://taxfoundation.org/top-1-percent-pays-more-taxes-bottom-90-percent/ https://taxfoundation.org/top-1-percent-pays-more-taxes-bott... Don't let your bias or brainwashing go against facts. It is inevitable that the top 1% will be bearing most of our taxes Donald Trump was elected by a populist movement, not by the donor class. Government also printed $10 Trillion in the last two years and gave it away to mostly poor
- tata71 5y ago
  > Government also printed $10 Trillion in the last two years and gave it away to mostly poor Incorrect. QA/corporate bonds have been out of control, PPE etc loans that will be forgiven en masse after being given to the best and coziest customers of the large banks, etc.
- hellisothers 5y ago
  I can’t actually figure out the point being made here…
- mlyle 5y ago
  > It is inevitable that the top 1% will be bearing most of our taxes [posts a graph that shows top 1% bears about 35%, not most, of income taxes, ignoring payroll and other regressive taxes] Compare to https://i.imgur.com/KLmRsY8.png https://i.imgur.com/KLmRsY8.png , which indicates that the top 1% have about 20.9% of income and pay about 24.1% of taxes.

DarylZero 5y ago

Right, or if you don't have an abundance-robot, you could tax other non-human resources, such as oil reserves or land.