thoughts on guaranteed minimum income (buy, tax, money, costs)
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Guaranteed minimum income (GMI) also called Citizen's Income, is a system[1] of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test and either availability for the labour market or a willingness to perform community services. The primary goal of a guaranteed minimum income is to combat poverty. If citizenship is the only requirement, the system turns into a basic income guarantee.
a)
basic income or citizen’s income is a proposed system[1] of social security that regularly provides each citizen with a sum of money unconditionally. In contrast to income redistribution between nations themselves, the phrase basic income defines payments to individuals rather than households,[2] groups, or nations, in order to provide for individual basic human needs. Except for citizenship, a basic income is entirely unconditional. Furthermore, there is no means test or impact as a result of other income; the richest as well as the poorest citizens would receive it.
Not really a fan of paying people not to work. Then again, we do it with big agribus, so I guess it's only fair to pay the little guy to be on weflare as well... or just get agribus off welfare.
communism is when everyone is paid the same, no matter the job. There would still be rich people in op's system. they could still buy their fancy cars, expensive boats and big houses they seem to like so much.
communism is when everyone is paid the same, no matter the job. There would still be rich people in op's system. they could still buy their fancy cars, expensive boats and big houses they seem to like so much.
That's not really communism, but a command economy. Anyway, I'm not aware of any command economy where that's true. Even they recognize that it's necessary to compensate say surgeons more than burger flippers. Who the heck wants to put up with that level of stress for the same money as a burger flipper?
There is a difference in what you are talking about. America has in practice a guaranteed minimum income as people with no income can apply for different kind of welfare, such as food stamps, medicaid and housing benefits. Other countries like in Norway they have a formal name, called "social help". It is not really causing any problems, because to get it you have to have no wealth and keep applying for it.
In reality very few people are living on it, because it is low. People much rather live on proper forms of welfare, which are not low at all. In fact most countries in the world has a minimum guaranteed income, and as long as it is low, and have a few requirements it is not misused. So I don't see a problem with having a low guaranteed minimum income with requirements such as no wealth.
That is guaranteed minimum income. Basic income that you mention later which is not mean tested will lead to failure. As everyone will apply for it, the costs will be massive. It will also lead to an increase of part time work, which will lead to lower tax revenues. Also, it won't be enough to live on, hence you need to keep other welfare programs.
BTW: This has nothing to do with communism. Communism is that all people earn the same.
We do;its called poverty level and if at or below that people qualify for juge number of programs. the problem with work welfare is that you can require it but you can't mke work and have to be liable once you do for dangers. I time its like mnay that basically are so restricted that they sit around for fear of suits if they eve work in sun in summer.
Guaranteed minimum income (GMI) also called Citizen's Income....
Also called Soviet-style Command Economics.
Quote:
Originally Posted by Techtonics
Eligibility is typically determined by citizenship, a means test and either availability for the labour market or a willingness to perform community services.
The only thing stopping welfare pukes from performing community services now is Liberals.
Quote:
Originally Posted by Techtonics
The primary goal of a guaranteed minimum income is to combat poverty.
Well, then it already failed.
Money could never combat poverty. What will combat poverty is an attitude adjustment for the, um, "impoverished."
You know, if I had a forum, I wouldn't permit links to Stinkipedia....except for maybe on a joke thread.
Guaranteeing....
Mircea
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