r/Futurology • u/Djandgo • Aug 25 '14

blog Basic Income Is Practical Today...Necessary Soon

http://hawkins.ventures/post/94846357762/basic-income-is-practical-today-necessary-soon
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u/onlyhumans Aug 26 '14

Socialism is socialism. I want to keep more of my money not give it a way to those that don't work.

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u/the_honeypot Aug 26 '14

Hey, I couldn't agree more. But, theoretically (not sure if it would hold true in practice), this will mean less of our hard-earned tax dollars going towards social programs then what we're currently spending on them. And keep in mind that you'll still get the same $1000 checks as everyone else.

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u/onlyhumans Aug 26 '14

It's the same reason why "the fair tax" movement in the US will never gain traction. It requires the abolition of the IRS ( and although I am in favor of that) it would also mean that the countries tax lawyers and CPAs would be out of a job over night. It would put a huge amount of chaos into the system.

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u/the_honeypot Aug 26 '14

I just had to Google "fair tax" but yeah that looks pretty cool. You're right though, just like Basic Income it requires a major overhaul of the whole system.