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Arglebargle III posted:Yeah the only problem is you multiply the US population by a very modest basic income like $15,000/year and the figure you get is whooooops. I'd like to see your numbers on this. Last time I saw numbers it wasn't all that far out there, though we would need to impose fairly high tax rates on the top percentages of income. Plus, remember that there would, at least ideally, be significant administrative savings as the various costs in determining eligibility went away.
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Nov 2, 2014 05:08
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ComradeCosmobot posted:And don't forget what the knock-on inflationary effects will be when rentiers know that who they are renting to is guaranteed to have $15k a year coming to them. My *guess* is that this would be outweighted by the stimulatory effects as low income people started paying more. I'm honestly surprised nobody has written up a solid policy analysis on this topic. I feel like I've read one but can't remember enough to google it.
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Nov 2, 2014 17:04
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So did anyone ever find a professional cost analysis / white paper / working paper for a proposed GMI in America, or are we still just circlejerking and throwing numbers up into the air and pretending it's a debate? Don't get me wrong I support the concept but in order to sell it we need a professional analysis that says it's feasible and gives hard numbers as to exactly what kind of taxes it would require.
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Nov 5, 2014 06:06
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