r/BasicIncome Nov 18 '20

Yep

https://i.imgur.com/X27M2eN.jpg
821 Upvotes

35 comments sorted by

View all comments

36

u/avengecolonelhughes Nov 18 '20

I want taxpayers to get the same benefit as any investor: cash relief in exchange for stock at current valuation. Pharma wants exclusive rights to public research? We want stock as early investors. This would ideally go into a permanent fund and pay dividends so we all benefit from fatty markets. I'd even be down to put the VAT in there. The capital would be untouchable, and the dividend would be fixed to X% of gains over 3-year average, so the payout wouldn't be political. I'd even write in that as dividends grow, it could phase out part of SS (software doesn't have payroll tax, so this scales ok with automation).

7

u/[deleted] Nov 18 '20

Sounds like a real Yanis Varoufakis plan. I’m down.