Yeah I'm not sure that taxing corporations more to pay everyone money from the government actually does anything other than ramp up inflation. - BINGO!
Sliding scale, just like now. The companies that make the most money get taxed the most, and small businesses likely don't see much extra taxation.
Gives the little guy a better chance to fight against the giants, especially if the giant's first reaction is to raise prices.
I also don't think it should be for the entirety of their lives - adults are the ones entitled to it, and maybe they get a "bonus" for dependents. I do think having a financial safety net like this will help people start more small businesses - the types that automation and AI won't easily replace, and allow them to more healthily compete with bigger businesses.
I think there will be some inflation, but not a runaway cycle, we're not talking about a sum of money that means people never have to work again, we're talking about something that can supplement their other incomes. If companies start raising prices just because there's more money in the market, they're going to lose business to the companies that don't do that.
Now, lets operate under the assumption that AI and Automation are going to destroy the job market - because this is where I feel UBI would be needed - what fix do you see for what would be a massive rise in unemployment? - Feeling Glucky?
I don't know what the fix is but I sure as hell know that it's not "the government giving several thousands dollars each year to all adults"...
I don't know what the fix is but I sure as hell know that it's not "the government giving several thousands dollars each year to all adults"... - SourceS.V.P.
You've got some pretty smart people disagreeing with you. Some smart ones agreeing with you too, I'm sure... but it's not something that should be dismissed offhand.
Another idea I've seen is adding in a negative income tax brackets... boost up the income of the working poor, until they reach a certain point, at which they don't pay taxes, and once they move out of that bracket, they get taxed like our current system... but that implies that people can get jobs going forward.
Location: i love how not saying dumb things on the internet was never an option. Joined: 09.29.2005
Aug 22 @ 4:00 PM ET
You've got some pretty smart people disagreeing with you. Some smart ones agreeing with you too, I'm sure... but it's not something that should be dismissed offhand.
Another idea I've seen is adding in a negative income tax brackets... boost up the income of the working poor, until they reach a certain point, at which they don't pay taxes, and once they move out of that bracket, they get taxed like our current system... but that implies that people can get jobs going forward. - Feeling Glucky?
there's a list of jobs they can get floating around somewhere but it's proven very hard to actually get our hands on.
there's a list of jobs they can get floating around somewhere but it's proven very hard to actually get our hands on. - kicksave856
That's the crazy thing though... Everything from taxi driver to doctor, delivery boy/ lawyer.... that poop's going to be a lot harder to get into. My job should already be obsolete, but for some reason, agencies like seeing more steps than there need to be.
You've got some pretty smart people disagreeing with you. Some smart ones agreeing with you too, I'm sure... but it's not something that should be dismissed offhand.
Another idea I've seen is adding in a negative income tax brackets... boost up the income of the working poor, until they reach a certain point, at which they don't pay taxes, and once they move out of that bracket, they get taxed like our current system... but that implies that people can get jobs going forward. - Feeling Glucky?
gluck... that idea can't work in the real world. it's a marxist's dream. snap out of it
the gov can't just start handing out money to people like that...
it is such a YUGE (frank)ing amount of money that it would not amount to just a couple hundreds in tax increase for big businesses... but rather millions. You can be sure they will all take their stuff and bail to China if you get that super plan running. And then you'll be left with even fewer(by a lot) jobs than what the automation already takes out. So what's the "win" here?
gluck... that idea can't work in the real world. it's a marxist's dream. snap out of it
the gov can't just start handing out money to people like that...
it is such a YUGE (frank)ing amount of money that it would not amount to just a couple hundreds in tax increase for big businesses... but rather millions. You can be sure they will all take their stuff and bail to China if you get that super plan running. And then you'll be left with even fewer(by a lot) jobs than what the automation already takes out. So what's the "win" here? - SourceS.V.P.
You tarriff companies that try to leave. ¯\_(ツ)_/¯
It's definitely a valid concern, but there are probably solutions to it too.
Probably heavier taxes to large corporations, since they're the ones who're going to be benefiting from automation. I'd also imagine you could cut some other programs, like welfare, and probably pull a good chunk of change away from the military. - Feeling Glucky?
A guaranteed basic income, is a Progressive Idea that has been around for a while now.
The theory presented with a guaranteed basic income sounds attractive, when described as both a replacement for ALL current social safety net programs, and a cost saving overall when all the government departments from administer ALL the current social safety net program are eliminated, or more accurately severely downsized into one, and reducing the size of government.
If you researched, you'd find government social service programs at all levels of government, that cater to a lot of niche segments of society...... that governments have created over decades, that come with high costs of administrating that look a lot more like creating more government jobs, and pandering for votes that filling a real need in society.
Don't get me wrong, the majority of these social programs are needed, and anyway to streamline their operations, reduce that number of government employees needed to run them, and get more money to people that actually need them is a good thing in MHO.
I've heard a description of a guaranteed basic income that would roll all (levels) of government programs into one ...... and eliminate OAS, CPP, Welfare, Baby Bonus (or whatever it's called now) EI and many more ......
As far as I know, it's more of a pie in the sky type of promise, that has yet to become real in any western country so far .......... there are "pilot projects" that have been set up in other countries, but none have instituted it yet, as far as I know.
Automation and AI are taking jobs, and they won't be coming back. Companies are going to make more and pay less for labour.
It's not a bad thing, computers and robots will be able to do a lot of jobs a lot better than humans, but a lot of people will lose jobs. - Feeling Glucky?
A guaranteed basic income, is a Progressive Idea that has been around for a while now.
The theory presented with a guaranteed basic income sounds attractive, when described as both a replacement for ALL current social safety net programs, and a cost saving overall when all the government departments from administer ALL the current social safety net program are eliminated, or more accurately severely downsized into one, and reducing the size of government.
If you researched, you'd find government social service programs at all levels of government, that cater to a lot of niche segments of society...... that governments have created over decades, that come with high costs of administrating that look a lot more like creating more government jobs, and pandering for votes that filling a real need in society.
Don't get me wrong, the majority of these social programs are needed, and anyway to streamline their operations, reduce that number of government employees needed to run them, and get more money to people that actually need them is a good thing in MHO.
I've heard a description of a guaranteed basic income that would roll all (levels) of government programs into one ...... and eliminate OAS, CPP, Welfare, Baby Bonus (or whatever it's called now) EI and many more ......
As far as I know, it's more of a pie in the sky type of promise, that has yet to become real in any western country so far .......... there are "pilot projects" that have been set up in other countries, but none have instituted it yet, as far as I know.
But yea, I imagine UBI would replace many social services, though I think there would still need to be some exceptions. - Feeling Glucky?
So let's pretend that some government succeeds, in eliminating all the current social safety net programs........ and rolls them all into a UBI, and also reduced the size of the government workforce ......... to save taxpayers some money.
Now you're suggesting a need for some "exceptions" .......... but how long do you think it would take for a party, in a future election, to "promise" another "exception" to win a few more votes, then another, then another .......... and eventually we'd be right back where we are today at some point.
Buying votes will never go away, and you and I both know it.
