5 ms·

I supported guaranteed basic income as well, but then I read this article and it suggested to tax me more. I'm firmly in tax less, not more camp.

by vl 11y ago

MCRed 11y ago
I lived outside the USA for 6 years. There's definitely a cost to doing so- for instance, not having Amazon or the inexpensive goods we often have. But that cost is less than a doubling of my taxes. A basic income as proposed in the article, as I understand it, would triple income taxes. (or have the same effect via inflation if they just print the money.)
- sampo 11y ago
  > * A basic income as proposed in the article, as I understand it, would triple income taxes.* You don't understand it.
  - MCRed 11y ago
    Yes, I forgot about the magical money tree. You know, social security, "war on poverty" and all that counted on the magical money tree too. And you know what you got? More poverty? When are you guys going to stop making the same mistake over and over again? There really is no excuse for it.
kamaal 11y ago
Some one needs to pay for it. Well this is where things like minimum wage and guaranteed income go wrong. Why would any one work more hard to make a extra money, only to be taxed and given to people who don't wish to even try working and want to have fun all the time. Guess what happens to such societies. People who want to make more money go elsewhere where they are valued better. Eventually back in their original country everybody gets equally poor over time.
- true_religion 11y ago
  Truthfully, all first world countries are gradually applying more and more welfare laws so there's no where to really escape to unless you want to live in say the Saychelles or Cyphrus or another tax-haven. Now its certainly fine for your money to live in the Saychelles, but many people value their home country for its people and you don't get that value without actually living amongst them.
  - kamaal 11y ago
    >>Truthfully, all first world countries are gradually applying more and more welfare laws so there's no where to really escape to unless you want to live in say the Saychelles or Cyphrus or another tax-haven. I come from a country(India) where generations of some very smart people have left to come and stay in the US. Guess Why? For a lot of time, it was pointless to even start a business in India(Given taxes and regulations). Add to this welfare laws like reservations, subsidies and freebies. You get at least 5 to 6 decades of very brilliant people leaving the country to never return again. The brain drain is still on, it hasn't stopped yet. All due to welfare policies. Its taking decades more to fix that problem. I can assure you all those welfare laws ultimately led to far bigger problem they tried to solve. US born citizens have no first hand experience of this. Nor do they have an idea of what it feels to live in such a country. These words may look harsh. But the reality on the ground for such societies is very far from what you might have read in the books or articles online.
    - selimthegrim 11y ago
      What percentage of government revenue and GDP is being lost to Mandal, etc, versus the coal scam, the power scam in Delhi that Kejriwal tried to expose, the cell spectrum scam, etc, freebies to Reliance and Ambani?
      - kamaal 11y ago
        Like I mentioned above, the root of corruption is lack of opportunities. If there are things in abundance, the desperation that drives people to resort to corruption reduces.

I supported guaranteed basic income as well, but then I read this article and it suggested to tax me more. I'm firmly in tax less, not more camp.

by vl 11y ago

I supported guaranteed basic income as well, but then I read this article and it suggested to tax me more. I'm firmly in tax less, not more camp.

MCRed 11y ago

I lived outside the USA for 6 years. There's definitely a cost to doing so- for instance, not having Amazon or the inexpensive goods we often have. But that cost is less than a doubling of my taxes. A basic income as proposed in the article, as I understand it, would triple income taxes. (or have the same effect via inflation if they just print the money.)

sampo 11y ago
> * A basic income as proposed in the article, as I understand it, would triple income taxes.* You don't understand it.
- MCRed 11y ago
  Yes, I forgot about the magical money tree. You know, social security, "war on poverty" and all that counted on the magical money tree too. And you know what you got? More poverty? When are you guys going to stop making the same mistake over and over again? There really is no excuse for it.

kamaal 11y ago

Some one needs to pay for it. Well this is where things like minimum wage and guaranteed income go wrong. Why would any one work more hard to make a extra money, only to be taxed and given to people who don't wish to even try working and want to have fun all the time. Guess what happens to such societies. People who want to make more money go elsewhere where they are valued better. Eventually back in their original country everybody gets equally poor over time.

true_religion 11y ago
Truthfully, all first world countries are gradually applying more and more welfare laws so there's no where to really escape to unless you want to live in say the Saychelles or Cyphrus or another tax-haven. Now its certainly fine for your money to live in the Saychelles, but many people value their home country for its people and you don't get that value without actually living amongst them.
- kamaal 11y ago
  >>Truthfully, all first world countries are gradually applying more and more welfare laws so there's no where to really escape to unless you want to live in say the Saychelles or Cyphrus or another tax-haven. I come from a country(India) where generations of some very smart people have left to come and stay in the US. Guess Why? For a lot of time, it was pointless to even start a business in India(Given taxes and regulations). Add to this welfare laws like reservations, subsidies and freebies. You get at least 5 to 6 decades of very brilliant people leaving the country to never return again. The brain drain is still on, it hasn't stopped yet. All due to welfare policies. Its taking decades more to fix that problem. I can assure you all those welfare laws ultimately led to far bigger problem they tried to solve. US born citizens have no first hand experience of this. Nor do they have an idea of what it feels to live in such a country. These words may look harsh. But the reality on the ground for such societies is very far from what you might have read in the books or articles online.
  - selimthegrim 11y ago
    What percentage of government revenue and GDP is being lost to Mandal, etc, versus the coal scam, the power scam in Delhi that Kejriwal tried to expose, the cell spectrum scam, etc, freebies to Reliance and Ambani?
    - kamaal 11y ago
      Like I mentioned above, the root of corruption is lack of opportunities. If there are things in abundance, the desperation that drives people to resort to corruption reduces.