Re:Finnish basic income pilot improved wellbeing, study finds
by CuriousSkeptic on Thursday May 07, 2020 @06:55PM
(#23109342)
This, and the other comment about rents going up, is why you should tax rent and not income.
Re:Finnish basic income pilot improved wellbeing, study finds
by aspenmayer on Thursday May 07, 2020 @07:08PM
(#23109436)
I have never heard of this concept, but I kind of like it on its face. Can you elaborate?
Re:Finnish basic income pilot improved wellbeing, study finds
by CuriousSkeptic on Thursday May 07, 2020 @07:42PM
(#23109701)
Just an extension of the land value tax really.
Re:Finnish basic income pilot improved wellbeing, study finds
by ohmaigad on Thursday May 07, 2020 @03:33PM
(#23107200)
Unless this is applied only to the richest 1%, majority won't support UBI. I think that true UBI is something that is given to everyone (even the 1%) and everything else is abolished (unemployment, paid sick leave, pensions and all other social security benefits).
Re:Finnish basic income pilot improved wellbeing, study finds
by lonelappde on Thursday May 07, 2020 @05:22PM
(#23108516)
UBI instead of welfare is a libertarian theoretical that isn't gorunded is people's real life concerns or particularly relevant to realpolitik.
So at some threshold level of income, flicking the UBI switch doesn't affect your net income. You get a same size of increase to your tax bill as you gain from the UBI benefit.
Below the threshold you get a net increase, above it you get net decrease. Opinions differ on where that threshold would settle at (because with UBI the state could shut down some other benefits that are currently funded with tax money).