[freeflight]

> All the surplus will be eaten up by the companies.

That can easily be fixed by plugging tax evasion loopholes and generally taxing higher.

If there's a will then there's a way, the problem is pretty much finding the way everybody agrees on.

[eru]

See https://transformationdeal.org/2016/04/24/how-a-basic-income... for a very straight forward proposal.

[freeflight]

Nice to see something like this adapted to the US, I've seen comparable proposals in Germany [0], also build on a similar base of taxing land value/production facilities.

Imho it seems like pretty valid approach considering land is one of the few resources we recognize as actually being finite, so it's a good place to start for building a "base".

On the other hand it's quite frustrating how accepting we have become of creating "wealth" out of nothing by printing paper money but if we try to do the same thing based on something actually tangible, like land, people lose their shit going "you can't just make up money", sure we can, we do it all the time.

[0] http://www.wissensmanufaktur.net/plan-b

[eru]

I don't see the connection between paper money and land value tax. One of the reasons economists like taxing land is that the supply is perfectly inelastic---literally fixed to be precise. So a tax can't distort the market.

If you can read German and like some historical musings in this direction (including about money), do read Silvio Gesell. https://userpage.fu-berlin.de/~roehrigw/gesell/nwo/nwo.pdf