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by ThomPete 3218 days ago
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.

1 comments

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!