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Hi, thats frankly a good idea for introduction. However I think to make this work it would be unwise to tax the rich as they have de facto a lot of influence an
by halotrope 11y ago
Hi, thats frankly a good idea for introduction. However I think to make this work it would be unwise to tax the rich as they have de facto a lot of influence and would I would assume have the power to stop something like this. I have thought about baking something like a community tax directly into the currencies so that everyone would benefit for a very tiny fraction of the economic prosperity of a whole country e.g
- dragonwriter 11y agoIf you aren't disproportionately taxing the rich to fund it, and you are giving everyone the same amount of money, then you are either (in net) redistributing upward from the poor to the rich, or you are doing nothing.
- halotrope 11y agoWell right now the rich and poor are equally taxed with value added tax of 19% for everything they consume here (except for food and book 7%) whick means that it would be technically possible since it is already happening, right? VAT in Germany is generating about 20bn a month in revenue
- loumf 11y agoThere is nothing equal about it. The poor are paying a higher percent of their income in VAT and the average rich person is probably paying more actual euros than the average poor person. You need an income/wealth based approach to get more tax. If you keep raising the VAT, you eventually stop economic activity (or push it to black markets)
- halotrope 11y agoI think this is happening in greece at the moment to some extend. True. Again I was much rather asking for some potentially crazy way to implement this that I could not think of.