Re:The Indian government is set to endorse Universal Basic I...
by jganetsk on Thursday January 05, 2017 @11:22PM
(#13333914)
That's not at all what the great-grandparent comment said. It was talking about the aggregate cost of the entire system. And the great-great-grandparent was wondering "just where is the money going to come from?" but fundamentally it's not a problem. As long as the total basic income of a country is less than the total income of a country, the latter can be redistributed into the former.
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Re:The Indian government is set to endorse Universal Basic I...
by surfmike on Friday January 06, 2017 @01:05PM
(#13338552)
By this argument, if the basic income == the total income of a country, there is still no aggregate cost. Maybe, but I'd argue that such a system would come with huge costs due to the massive increase in taxation.