Robots Rule at Swiss Factories as Strong Franc and Wages Bite

Re:Robots Rule at Swiss Factories as Strong Franc and Wages ... by orangecat on Friday February 17, 2017 @11:27AM (#13669405)

Right, any reasonable implementation will result in people with higher incomes having their taxes increased by more than the BI amount. And I think that's a trade a lot of conservatives and libertarians would accept: more redistribution in exchange for less intrusiveness and greater efficiency.

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Re:Robots Rule at Swiss Factories as Strong Franc and Wages ... by hueving on Friday February 17, 2017 @12:18PM (#13669918)

Giving everyone basic income of $10k in the US would be about 2.5T annually (assuming children get nothing). Current tax revenue is only 3.6T and we spend $200-$300B on welfare (assuming you exclude Medicare/Medicade) so it would be a 10x increase in spending on welfare and a 60%-70% tax increase.

I'm not even that conservative and I think that's ridiculous for an amount of money that doesn't even cover the rent in most cities.

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Re:Robots Rule at Swiss Factories as Strong Franc and Wages ... by greedo on Friday February 17, 2017 @12:59PM (#13670253)

Conservatives and Libertarians would never accept BI. Look at how hard they've fought welfare in general.

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