Ancestors

Toot

Written by Sobex on 2024-12-26 at 08:19

While I'm getting pretty convince UBI is the right, humane, thing to do, and that each time it has been implemented at a local scale, it had significant benefits, I wonder about how to actually implement this at a country scale, (e.g. at the scale of France, my home country).

Anyone know what typically would be the criteria to be eligible to UBI ?

It is obvious all fiscally-resident citizen, living in the country should be eligible, but where is the line drawn for other cases ?

(What about minors ?)

What impact should there be on minimum wages, and taxation ?

(With a progressive income taxation, unchanged, higher bracket would see a larger fraction of the UBI go back in taxes, but never 100%, so the UBI would require increasing state income)

And also, what measures had to be taken to manage to rent inflation in reaction to the income rise ? And more generally inflation ?

[#]UBI #europeanUBI

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Descendants

Written by Raymond Literally on 2024-12-28 at 17:09

@Sobex Hi from Canada! I have been proposing a floating, tax-funded #UBI. Tax x% of every person's income, give every tax filer 1 equal share. This can be topped up with a wealth tax on assets above $10 Million (or Euro). Most developed countries already have the infrastructure built into the income tax system. For everyone below median income, this would just be an accounting trick at tax filing time. A refundable tax credit.

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