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by ThomPete 3220 days ago
And where are those money coming from?
1 comments

import tax, consumption tax, property tax, capital gain tax. money just needs to circulate enough!
import tax paid by whom? property tax paid by what money? capital gains tax from what?

If people don't have jobs they dont' make money only very few of them can offer to invest in stock let alone property.

So thats hardly a solution.

I am with you on basic income but it has to come from where the gains are being made and that is from those who own the robots.

I agree, my only point is if we tax robots, then they move it to somewhere else, you can't move consumption!

I am assuming people who own the robots don't work to earn money so there has to be tons of capital gain around!

increase the tax rate to %75 and you have your money for basic income. tax rate should be really high, otherwise the wealth moves very quickly to robot owners, and there should be no loop hole. that is why I think we should tax consumption because there is no way around it!

you can't have tax on consumption if people don't have anything to pay with outside of basic income. Then you just end up in the same situation that Africa is in where the economy spirals inwards.

You need access to outside value creation and that will come from the "means of production" which is the only place a society will be able to make money if we end up automating most of society.

If the people that profit from the means of production live in the same society their spending is going to be taxed as well.

my whole point is you can't tax production and expect companies to stay and pay high taxes, they are going to move to somewhere with less taxes. and if that happen and we are only relying on taxing productions then we end up with nothing! how do you suggest we set it up to prevent companies from moving? and keep in mind we have a fucked up political system and corporations own congress, so your solution can't be a complicated tax regulation because there is going to be tons of loopholes in it!