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originally posted by: TheShippingForecast
Would the introduction of Universal Income mean social security/welfare is simply abolished ? $200 is only £150 per week ... for even some single people that’d represent a huge cut in their income.
originally posted by: enlightenedservant
originally posted by: TheShippingForecast
Would the introduction of Universal Income mean social security/welfare is simply abolished ? $200 is only £150 per week ... for even some single people that’d represent a huge cut in their income.
This is one reason I'm actually against many of the proposals for universal incomces that I've seen. It really depends on which programs get cut in the process. And without price controls and adjustments for things like inflation and costs of living, it would hurt people more than help them. As an example, $200 a week would get someone way further in suburban Alabama than in New York City.
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: Puppylove
a reply to: nOraKat
Another thing it helps with it puts less pressure on both parents to work full time jobs. Which means if desired one parent could stay home or both could work part time allowing for more time with the kids and less need to pay exorbitant day care costs.
Which puts daycares (usually small family owned businesses) out of work and reduces the amount of people in the work place. Both the daycares and the stay at home parents.
Thusly, the government has less income from not being able to tax the earning of the now stay at home parents, and the incomes and business taxes for the daycares.
Explain how this is good for the economy?
Because it gives people more choice.
Some people will be able to stay at home because of the greater financial freedom.
Others will be able to take jobs they previously couldn't because the poverty trap made child care unaffordable.
More freedom until your economy tanks and painful austerity is required, I agree.
Now would you care to address my points on the economy? You do know less people in the workforce means less taxable income, correct? You do know daycares closing is also bad, correct?
I swear, people think money grows on trees.
Why would it assume that there would be less people in the workforce? Some people may leave the workforce, sone more may join it.
Daycare centres closing is neither inherently good or bad. It depends on the need for them.
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: Puppylove
a reply to: nOraKat
Another thing it helps with it puts less pressure on both parents to work full time jobs. Which means if desired one parent could stay home or both could work part time allowing for more time with the kids and less need to pay exorbitant day care costs.
Which puts daycares (usually small family owned businesses) out of work and reduces the amount of people in the work place. Both the daycares and the stay at home parents.
Thusly, the government has less income from not being able to tax the earning of the now stay at home parents, and the incomes and business taxes for the daycares.
Explain how this is good for the economy?
Because it gives people more choice.
Some people will be able to stay at home because of the greater financial freedom.
Others will be able to take jobs they previously couldn't because the poverty trap made child care unaffordable.
More freedom until your economy tanks and painful austerity is required, I agree.
Now would you care to address my points on the economy? You do know less people in the workforce means less taxable income, correct? You do know daycares closing is also bad, correct?
I swear, people think money grows on trees.
Why would it assume that there would be less people in the workforce? Some people may leave the workforce, sone more may join it.
Daycare centres closing is neither inherently good or bad. It depends on the need for them.
Any businesses closing are bad. Less people employed, less taxable income, less business taxes accrued.
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: Puppylove
a reply to: nOraKat
Another thing it helps with it puts less pressure on both parents to work full time jobs. Which means if desired one parent could stay home or both could work part time allowing for more time with the kids and less need to pay exorbitant day care costs.
Which puts daycares (usually small family owned businesses) out of work and reduces the amount of people in the work place. Both the daycares and the stay at home parents.
Thusly, the government has less income from not being able to tax the earning of the now stay at home parents, and the incomes and business taxes for the daycares.
Explain how this is good for the economy?
Because it gives people more choice.
Some people will be able to stay at home because of the greater financial freedom.
Others will be able to take jobs they previously couldn't because the poverty trap made child care unaffordable.
More freedom until your economy tanks and painful austerity is required, I agree.
Now would you care to address my points on the economy? You do know less people in the workforce means less taxable income, correct? You do know daycares closing is also bad, correct?
I swear, people think money grows on trees.
Why would it assume that there would be less people in the workforce? Some people may leave the workforce, sone more may join it.
Daycare centres closing is neither inherently good or bad. It depends on the need for them.
Any businesses closing are bad. Less people employed, less taxable income, less business taxes accrued.
If the business isn't providing a service people need or want then the resources are better used elsewhere.
You have the same issues with inflation adjustment and regional cost of living differences with conventional benefits.
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: Puppylove
a reply to: nOraKat
Another thing it helps with it puts less pressure on both parents to work full time jobs. Which means if desired one parent could stay home or both could work part time allowing for more time with the kids and less need to pay exorbitant day care costs.
Which puts daycares (usually small family owned businesses) out of work and reduces the amount of people in the work place. Both the daycares and the stay at home parents.
Thusly, the government has less income from not being able to tax the earning of the now stay at home parents, and the incomes and business taxes for the daycares.
Explain how this is good for the economy?
Because it gives people more choice.
Some people will be able to stay at home because of the greater financial freedom.
Others will be able to take jobs they previously couldn't because the poverty trap made child care unaffordable.
More freedom until your economy tanks and painful austerity is required, I agree.
Now would you care to address my points on the economy? You do know less people in the workforce means less taxable income, correct? You do know daycares closing is also bad, correct?
I swear, people think money grows on trees.
Why would it assume that there would be less people in the workforce? Some people may leave the workforce, sone more may join it.
Daycare centres closing is neither inherently good or bad. It depends on the need for them.
Any businesses closing are bad. Less people employed, less taxable income, less business taxes accrued.
originally posted by: enlightenedservant
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: ScepticScot
originally posted by: nightbringr
originally posted by: Puppylove
a reply to: nOraKat
Another thing it helps with it puts less pressure on both parents to work full time jobs. Which means if desired one parent could stay home or both could work part time allowing for more time with the kids and less need to pay exorbitant day care costs.
Which puts daycares (usually small family owned businesses) out of work and reduces the amount of people in the work place. Both the daycares and the stay at home parents.
Thusly, the government has less income from not being able to tax the earning of the now stay at home parents, and the incomes and business taxes for the daycares.
Explain how this is good for the economy?
Because it gives people more choice.
Some people will be able to stay at home because of the greater financial freedom.
Others will be able to take jobs they previously couldn't because the poverty trap made child care unaffordable.
More freedom until your economy tanks and painful austerity is required, I agree.
Now would you care to address my points on the economy? You do know less people in the workforce means less taxable income, correct? You do know daycares closing is also bad, correct?
I swear, people think money grows on trees.
Why would it assume that there would be less people in the workforce? Some people may leave the workforce, sone more may join it.
Daycare centres closing is neither inherently good or bad. It depends on the need for them.
Any businesses closing are bad. Less people employed, less taxable income, less business taxes accrued.
By this logic, we should be increasing the number of govt jobs too, right? That would increase the number of people employed and the amount of taxable income.
originally posted by: pavil
originally posted by: luthier
originally posted by: AMPTAH
originally posted by: TheShippingForecast
Would the introduction of Universal Income mean social security/welfare is simply abolished ? $200 is only £150 per week ... for even some single people that’d represent a huge cut in their income.
Yes. UBI replaces all forms of government assistsance. Medicare, Medicaid, welfare, social assistance programs of all types, we abolish all the multiple government departments dealing with such assistive programs and just give the people the cash directly. Instead of paying salaries of all these government employees, and paying for the maintenance, policing, and running costs of all the things and real estate used to house these departments, we free up all that capital, and fund the people direct with one simply payout plan.
A flat tax and ubi would get rid of literally hundreds of billions the complex system costs just to administer and judge the taxes owed.
Hundreds of Billions still doesn't pay for it. $10,500 for every person is Scotland over age 18 is $50,388,000,000. Scotland's GDP is 216 Billion. 23% of GDP.
In U.S. population a $10,200 per person over 18 is equal to $ 2,544,749,325,600
249,485,228 people times $10,200.
You need more Zeros on your assumption.
originally posted by: CB328
This would be awesome in the US. If people didn't have to be scared that they wouldn't be able to pay the rent consumer spending would go up, boosting the economy, and people would be able to do cool things again like take classes, go on vacation, etc.
originally posted by: pavil
originally posted by: luthier
a reply to: pavil
So you Google funding the ubi and got nothing...
None that show how to pay. Point me to the one you think works best. Kinda damming that you can't cite it, IMO.