Post
Topic
Board Economics
Re: Technological unemployment is (almost) here
by
romjpn
on 10/04/2015, 05:00:40 UTC
Basic income does not mean "very high tax" (well it depends on the political view of the people you talk with Grin).
On the english page of wikipedia about the basic income, there is not much information about financing it. The french page is more interesting about that.

- Cancellation of the "RSA" in France (free money program if you search for a job, around 400 euros I think). Anybody without a job can apply (with other conditions of course).
- Other social welfare program such as "housing help", or giving money for each baby born.
- Monetary creation, meaning not giving money to banks but directly to people (See QE for people).
- Then we come to taxes (eeeww are saying libertarians ^^) with property taxes and capital revenues and if possible, low "active" income taxes.
- Money spent on checking if people search for a job etc. Coming down to ZERO.
- Revenues from "nature" (like in Alaska with Oil).

I'm pretty confident that it will be at the center of the political debate in the forthcoming years.