Swiss to vote on 2,500 franc basic income for every adult

Re:Swiss to vote on 2,500 franc basic income for every adult by Zak on Saturday October 05, 2013 @11:59AM (#6501045)

But the workers that don't move will still have a basic income.

Unless/until the money runs out, which might happen more quickly than you think if, indeed companies and wealthy individuals start packing up and leaving the country.

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Re:Swiss to vote on 2,500 franc basic income for every adult by growupkids on Saturday October 05, 2013 @02:39PM (#6501555)

Exactly. The money has to come from somewhere, it's a balancing act. Set taxes too high and you lose the tax base and don't generate enough revenue (5% of 0 is still 0), set too low and you may not generate enough revenue.

[ Parent | on HN ]