I’m a big fan of the concept of an universal basic income. Where everyone gets ~1000€ every month from the government. For children, the parents get the money.
And I mean everyone. Every legal resident. Including billionaires.
To finance it I would tax both income and capital gains at ~50%. From the very first € you earn.
The net tax load on most people would not actually change much. But it completely gets rid of situations where if people work more, loose their benefits and end up with less.
1000€ should be just about enough to life a frugal lifestyle. A flat with a partner or flatmate in a small town. Produce to cook a flexitarian diet. A public transport pass and a bicycle. A Samsung Galaxy A17 with an internet plan. And all those other real necessities of life.
If people want luxuries, they will still have to work.
Someone still has to produce those consumables after all. But everyone should be able to get all of their basic necessities covered.
it’s a good idea but it requires that costs don’t adapt. that 800€ apartment you wanted? well since you’re already getting a subsidy it’s now 1600€. after all, if you discount the subsidy it’s cheaper!
Yes, it definitely has to be recalculated frequently. If it doesn’t, it will be about as useful as the US minimum wage after some time.
But as I said, most people wouldn’t have significantly more or less money than they do today. At least I carefully calculated those numbers so that most people would have pretty much the same, for Germany in 2019. So I don’t really expect prices to go up drastically.
It’s not that people suddenly have 1000€ extra. Either their unemployment benefits get replaced by that UBI, or they now have to pay an extra 1000€ in taxes.
it’s not even supposed to be an “extra 1000€ in taxes”, it would just be gradually eaten up by taxes the more you make.
the big problem is, a lot of people on long-term sick pay who are not allowed to work would get less from this system. there needs to be something to deal with that.
I’m a big fan of the concept of an universal basic income. Where everyone gets ~1000€ every month from the government. For children, the parents get the money.
And I mean everyone. Every legal resident. Including billionaires.
To finance it I would tax both income and capital gains at ~50%. From the very first € you earn.
The net tax load on most people would not actually change much. But it completely gets rid of situations where if people work more, loose their benefits and end up with less.
1000€ should be just about enough to life a frugal lifestyle. A flat with a partner or flatmate in a small town. Produce to cook a flexitarian diet. A public transport pass and a bicycle. A Samsung Galaxy A17 with an internet plan. And all those other real necessities of life.
If people want luxuries, they will still have to work. Someone still has to produce those consumables after all. But everyone should be able to get all of their basic necessities covered.
it’s a good idea but it requires that costs don’t adapt. that 800€ apartment you wanted? well since you’re already getting a subsidy it’s now 1600€. after all, if you discount the subsidy it’s cheaper!
Yes, it definitely has to be recalculated frequently. If it doesn’t, it will be about as useful as the US minimum wage after some time.
But as I said, most people wouldn’t have significantly more or less money than they do today. At least I carefully calculated those numbers so that most people would have pretty much the same, for Germany in 2019. So I don’t really expect prices to go up drastically.
It’s not that people suddenly have 1000€ extra. Either their unemployment benefits get replaced by that UBI, or they now have to pay an extra 1000€ in taxes.
it’s not even supposed to be an “extra 1000€ in taxes”, it would just be gradually eaten up by taxes the more you make.
the big problem is, a lot of people on long-term sick pay who are not allowed to work would get less from this system. there needs to be something to deal with that.
Samsung is shite.
Then buy a different 200€ phone?