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> Maybe fines like this could fund UBI? What? Are you counting on steady fines to provide basic life support? If that's not bizarre enough: how much do you t
by tgv 4y ago
> Maybe fines like this could fund UBI?
What? Are you counting on steady fines to provide basic life support?
If that's not bizarre enough: how much do you think UBI (in the EU) would cost? There are 450M people in the EU. Giving the adults around €20k per year would require €7200B.
- zackmorris 4y agoJust to clarify: that €7200B is currently in the hands of corporations and the wealthy. That's spun to us as economic fact (can't have wealth redistribution!!!) but it comes down to tax policy. We could all vote to raise taxes on high incomes, or even enforce existing tax codes, but we've been told that would put the brakes on the economy. Which is code for the riffraff getting the money instead of a few rich guys. Having to manufacture the money for UBI is a self-limiting belief. The money is already there, but we're so used to giving it all away as unearned income to investors, and even participating in the skimming as investors, that it feels like there is no money. By design because that's what The Matrix is.