Needs to stop with stupid gimmicks from Bernie. Higher personal, corporate, and investment taxes to fund UBI. Welcome robots/automation to free us from any useless work instead of looking at cannibal solutions to “pick me” for the one job there is.
Robot taxes are wrongheaded, because automation is hard to define. Taxing pipes and wires will make full employment getting all your energy and water with buckets from the river and chopping down all the trees. Even if we strained to define narrow robots/automation categories, it would encourage more foreign production, and no local robot production economy. Why would those selling Yachts to the robot owners not be taxed?
An extremely weird thing GOP did, but explained as Trump diaper lickers, is make SS tax free, even though they’ve been pressuring for SS diminishment reform in last 8 years. A very simple alternative that could have been done is taxes on SS income could flow back into SS fund to strengthen it.
Overall, increased taxes on investment income alone can pay for UBI.
Needs to stop with stupid gimmicks from Bernie. Higher personal, corporate, and investment taxes to fund UBI. Welcome robots/automation to free us from any useless work instead of looking at cannibal solutions to “pick me” for the one job there is.
Robot taxes are wrongheaded, because automation is hard to define. Taxing pipes and wires will make full employment getting all your energy and water with buckets from the river and chopping down all the trees. Even if we strained to define narrow robots/automation categories, it would encourage more foreign production, and no local robot production economy. Why would those selling Yachts to the robot owners not be taxed?
We don’t necessarily need higher taxes, we could probably put an income cap on SS benefits, remove the cap on SS taxes, and fund it with the excess.
An extremely weird thing GOP did, but explained as Trump diaper lickers, is make SS tax free, even though they’ve been pressuring for SS diminishment reform in last 8 years. A very simple alternative that could have been done is taxes on SS income could flow back into SS fund to strengthen it.
Overall, increased taxes on investment income alone can pay for UBI.