..... When did we get ubi?
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It's a crime to not have universal basic income at this point. People aren't only unable to afford basic living expenses, but they're losing jobs to automation and AI already. What are these people supposed to do? Go beg on the streets?
No, Mr Citizen, I expect you to die.
We're not quite there yet. Even with offsets by eliminating virtually all other social programs, including socialized healthcare, and slashing the size of military expenditures to almost nothing, doing every single good idea there is to fund it and increasing taxation on the owner class, there simply isn't enought GDP to support it without spending your way into inflation... not unless you're a country with a very small population rich in natural resources.
It's plausible if we can bring the price of energy down to the point that it's negligible and multiplies productivity almost for free.
We need scalable commercial fusion power to make it work, basically.
I agree with the goal,l. I don't think people will contribute less without the threat of being unable to meet basic costs of living. I think a lot of people's contributions to society aren't adequately captured and recorded by our economic system.
But I'm not naive enough to believe that it can meet all of a person's cost of living with current tech.
a country with a very small population rich in resources
Sounds like Canada. Nationalize our resources and we're set.
Tax the rich > fund the working class and social services > economic boom. We Know.
Funny how people hoarding all the money and preventing it from getting back into the economy are choking out the economy and crippling the country.
Who knew parasites did this to their hosts?
But! Maybe we could not tax the rich and the money would trickle down, have you thought of that?
This calls for another study!
TL;DR - The document discusses the results of a universal basic income (UBI) trial in Canada, which was conducted in Southern Ontario between 2017 and 2019. The trial, which was cancelled prematurely, showed that participants experienced improvements in mental health, housing stability, and social relationships, as well as reduced visits to hospitals and doctors. The UBI payments, which were designed to reduce poverty and encourage work, were found to have a positive impact on participants' physical and mental well-being, with many reporting decreased use of alcohol and tobacco. The trial also dispelled concerns that UBI would lead to unemployment, with only 17% of participants leaving their jobs and nearly half of those who stopped working returning to school or university to up-skill. The report suggests that UBI could be a useful public health strategy and that the safety net provided by the UBI project helped participants find better jobs with higher wages and improved working conditions. [AI Summary]
To be real about it. Who is going to say it was bad receiving extra money a month? I understand the health data portion. Question remains is it sustainable and how would it be paid for?
Who is going to say it was bad receiving extra money a month?
This guy:
I'd be happy to receive money every months that I payback in full on my tax deductions. If I suddenly stop working, the check just keep coming in. It becomes a safety net available to all, that doesn't mean you are actually giving it to all, all the time. You can get rid of other program that become redundant. Welfare, employment insurance, hell student loans too could be splified this way.
...the ~~check~~ cheque just keep coming in.
Testing UBI is always an excuse to avoid UBI. UBI is as obvious as slavery abolition or basic universal healthcare. You don't need to worry about people choosing unemployment, because you just need enough HR workers to call everyone 5 times a day with awesome job offers.
City secession is probably necessary for UBI, as it can be easily implemented at city level. City politics still demanding power hierarchy as prize for politics victory makes demonic evil oppression a perpetual social feature. UBI is especially suited to cities because police, homelessness, education are in their budgets. UBI eliminates crime and homelessness. Privatizing education and daycare with stipends for children is a budget reduction, with far more likely than not higher educational achievement.
Cities typically depend on property taxes for nearly all funding. Density weighted property taxes can pay for entirety of UBI, with those living alone in large spaces subsidizing those who live in small spaces. Adding small income and sales taxes can eliminate payroll taxes. Income taxes that are equal between businesses and individuals up to say $100k, means that $100k in employment income can be tax free if it is not a deduction to businesses. Business losses can still get tax refunds. Investor income no longer getting tax breaks is justified because investor class also gets UBI. This means lower personal/business tax rates. No more need for payroll taxes. EI not needed. Either save for a rainy day, or borrow (cheaply because income to repay is assured) from future UBI. UBI replaces future retirement benefits. Sales taxes also mean lower business/personal tax rates, without caring too much who made what you are buying.
Before you worry about pig slime multimillionaires threatening to leave your city due to end of slavery, and end of zionazi warmongering fascism, know that the best places to live on the planet are those with no crime, homelessness, and great restaurants, entertainment and retail experiences made abundant because people can afford to patronize them. The Zohran in NYC should propose UBI and secession instead of hierarchy bandaids.
When Ford and Carney promise to give all of Toronto tax money to Alberta climate terrorists and Ukrainian nazis, then the power redistribution to people provided by UBI, and secession, for Toronto is necessary. Everyone is still free to donate their money to Alberta MAGA nazis, and Sarnia Ukrainians gets more influence over remaining of Canada's devotion to a war on Russia, and Canada's submission to US and Zionaziism is unimpeded, with Toronto residents free to donate to Israel or to a coalition willing to nuke Tel Aviv, if no multicultural singe state or 2 state implementation not immediate. Certainly, a part of Toronto tax revenue needs to be set aside for nuclear deterrents to those who would interfere with secession/UBI structure, as well as tribute to pacify nearby powers who would otherwise make such threats.
Social unity is a powerful benefit. It is far stronger with UBI, and liquid democracy easily achievable through crypto society infrastructure that already exists. Toronto secession/governance/UBI is forerunner example to make all of Canada follow. Social unity without sacrifices to MAGA/Zionism/Warmongering corruption is better social unity. Compromises to evil is by definition fascism, and theft of your wealth for evil. UBI is not theft. It is redistributive power, wealth and quality of life enhancement.
We will fund it using debt is the problem. Then the poor will suffer greater and greater as they have since the 70s while those that hold assets get richer.
Its pretty obvious that the housing bubble exists due to debt and currency debasement, heck the Bank of Canada is still buying half of all mortgage bonds. This is the main things that's making the poor worse off, as homeowners are becoming cantillionaires.