Quote from: squatter on September 17, 2019, 07:58:32 PM

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Is forcible land redistribution really comparable to basic income? The US is already a welfare state, so changing the structure of paid benefits shouldn't warrant vague comparisons to Soviet Russia.

The important question seems to be "how will this affect taxes, especially compared to existing welfare systems?" Does anyone know? Because presumably if someone is getting paid $1K in basic income, they are not also getting paid by welfare programs like SSI, food stamps, AFDC ("welfare"), and things like that. Right?

That is the problem, a welfare state stats spends too much money will eventually fail.

And people should realize something, just like your house or your car or your bank account, the money the government pays is OUR money. The government isn't creating money out of thin air it's redistributing funds, and if this happens without your accord, guess how is called forced wealth redistribution. You, me, everyone in this topic will be taxed more to cover this kind of program in his own country. And think of the numbers, 1k/month/each? 2.8 trillion a year?

Guess how will he cover it, introducing VAT!
https://www.pbs.org/newshour/politics/how-would-andrew-yang-give-americans-1000-per-month-with-this-tax

Whenever I read that a tax will be introduced and it will be higher for yachts, I'm sure the one proposing it is a frustrated pos who isn't fighting for the "normal" people, he is driven by hate against the ones that have more than he has.

Oh, and that would actually mean that you will only get 910$ since 10% you're going to pay in taxes when you buy stuff.
And the increase will also affect things outside those 900$.
In the end, due to inflation, raised prices and the wonders of socialist policies guess what will happen.
Instead of everybody having a nice life we will all be equally dirt poor.

Then the government won't have money and they will further raise taxes, when there are no more taxes they will start printing money....how many times do we have to experience this to understand why it's a bad idea?

Quote from: pooya87 on September 18, 2019, 04:13:03 AM

i thought this technique of "fooling people by paying them" only works in under developed third world countries with a gigantic gap between the upper class and middle/lower classes in society. it is kind of funny to see it in a supposedly advanced country like US. it would be interesting to know how much this has worked on Americans, and more importantly how long would it take to see the effects of it in their inflation and by how much. i have seen 20% increase in 1 year before...

Bleah, populism has hit Europe as well, look at what's happening from the UK to Italy.
A new wave of social justice politicians are trying to get votes not likes or thumbs-up, and sooner or later we all are going to pay a hefty price for those shenanigans.

Quote from: Artemis3 on September 17, 2019, 07:47:53 PM

I once watched the last speech of Ceausescu on youtube, and its almost identical to the typical speechs of Maduro.)

I always thought Ceausescu was also some auto mechanic or something close to a bus driver like Maduro, guess I was wrong. He was a cobbler....
The right people for the job...of ruining a country.