Re:Swiss to vote on 2,500 franc basic income for every adult
by mcv on Sunday October 06, 2013 @10:53AM
(#6504239)
I'm a big fan of basic income, and politically very much a leftist, but I also think basic income goes very well with a flat tax rate.
If you consider progressive taxation as a high tax rate with a discount for lower incomes so they get enough money to live, then basic income, which provides enough money to live, can replace that discount. Just like it replaces welfare, unemployment benefits, etc. It's going to make social security and the tax system both a lot easier, and cut down a lot on bureaucracy.
If you consider progressive taxation as a high tax rate with a discount for lower incomes so they get enough money to live, then basic income, which provides enough money to live, can replace that discount. Just like it replaces welfare, unemployment benefits, etc. It's going to make social security and the tax system both a lot easier, and cut down a lot on bureaucracy.