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Old 05-10-2021, 10:06 AM
 
4,031 posts, read 4,461,564 times
Reputation: 1886

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Yang's version relied primarily upon a VAT sales tax


https://robertstark.substack.com/p/ubi-for-california

This version includes diversified revenue sources: oil extraction tax, tech dividend, and automation of bureaucracy.
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Old 05-10-2021, 10:09 AM
 
Location: A Nation Possessed
25,710 posts, read 18,784,900 times
Reputation: 22558
The productive supporting the unproductive is never a good long-term answer to slothfulness. It only breeds more slothfulness. Your existence does not merit my enslavement.
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Old 05-10-2021, 11:16 AM
 
Location: Texas
37,949 posts, read 17,857,724 times
Reputation: 10371
Successful UBI is like Santa Claus, it doesn't exist.
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Old 05-10-2021, 11:18 AM
 
Location: Just over the horizon
18,454 posts, read 7,085,120 times
Reputation: 11699
Quote:
Originally Posted by Loveshiscountry View Post
Successful UBI is like Santa Claus, it doesn't exist.


Like most children, the Left believes in Santa.
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Old 05-10-2021, 11:20 AM
 
Location: Philadelphia, PA
4,510 posts, read 4,042,401 times
Reputation: 3084
Lottery based economy! Only exists in your mind, while you pretend everyone is winner.
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Old 05-10-2021, 11:20 AM
 
45,217 posts, read 26,427,822 times
Reputation: 24970
If governments could banish poverty by decree, why havent they done so by now?
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Old 05-10-2021, 11:26 AM
 
Location: 404
3,006 posts, read 1,492,164 times
Reputation: 2599
UBI could cost less money if it replaces a bunch of government aid programs that all require staff to manage. That's why it won't happen. Bureaucrats are fighting to keep their jobs.
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Old 05-10-2021, 11:44 AM
 
34,278 posts, read 19,364,321 times
Reputation: 17261
You need diversification if your primary source is not reliable. A UBI is inevitable once we get to the point where we can afford it-and we are not there at this point in time, nor all that close.
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Old 05-10-2021, 11:50 AM
 
Location: Philadelphia, PA
4,510 posts, read 4,042,401 times
Reputation: 3084
Quote:
Originally Posted by greywar View Post
You need diversification if your primary source is not reliable. A UBI is inevitable once we get to the point where we can afford it-and we are not there at this point in time, nor all that close.
If we had actual capitalism and not the central banking system, we'd already be at the point where you could work a few years, 5-10 and spend the rest in retirement with your wealth. Income taxes, property taxes, and a shadowy group printing your money without oversight means you'll be slaving harder than your ancestors 200 years ago no matter how advanced your society is.
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Old 05-10-2021, 11:52 AM
 
34,278 posts, read 19,364,321 times
Reputation: 17261
Quote:
Originally Posted by MikeNigh View Post
If we had actual capitalism and not the central banking system, we'd already be at the point where you could work a few years, 5-10 and spend the rest in retirement with your wealth. Income taxes, property taxes, and a shadowy group printing your money without oversight means you'll be slaving harder than your ancestors 200 years ago no matter how advanced your society is.
Hardly. UBI is dependent on a higher level of technology, not a higher level of capitalism.
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