Yes, I had intended from all sources of income.
Set the system so that if there is a budget surplus, the minimum salary goes up, which means rich peeps also get to make and keep more money. Incentiveses them to keep improving things. The important thing is that the salary cap will always be tied to the minimum salary to keep a runaway top 1% situation from happening the way it is now.
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For a minute I was thinking the minimum income could save businesses money by really reducing what they pay employees who bother to still work.... but then I realized no one would work full time at McD's for $1 per hour when they are already making $15k per year for being alive. I imagine we'd have a more natural minimum wage (beyond the Guaranteed Minimum Salary, hereafter known as the GMS), though. There would be no need to artificially set a limit. People will either flip burgers for $5 hour, or they wont, but at least they'd have their GMS as a "living wage," as the hippies call it.
Edited By GORDON on 1447444767
"Minimum Income" for all....
Read For Us, The Living by Heinlein. Not his best work as an author, but part of it is outlining exactly what you just said but with a solid grounding in economic theory to go with it.
Edited By TPRJones on 1447774525
Edited By TPRJones on 1447774525
"ATTENTION: Customers browsing porn must hold magazines with both hands at all times!"
Here's another article about it, they are maybe moving forward with a "negative income tax."GORDON wrote:Finland is considering giving all of their citizens a "minimum income," no matter whether or not they currently have a job.
http://www.city-journal.org/html....52.html
This year, the Finnish government hopes to begin granting every adult citizen a monthly allowance of €800 (roughly $900). Whether rich or poor, each citizen will be free to use the money as he or she sees fit. The idea is that people are responsible for their actions. If someone decides to spend their €800 on vodka, that is their decision, and has nothing to do with the government. In return for the UBI, however, the public accepts the elimination of most welfare services. Currently, the Finnish government offers a variety of income-based assistance programs for everything from housing to children’s education to property insulation. Axing these programs should free up enough public resources to finance the UBI. The bureaucracy that currently governs welfare payments will disappear. There will no longer be any need to ask for government help, nor to fill out forms or wait for the competent authorities to examine each dossier to determine eligibility.
"Be bold, and mighty forces will come to your aid."
More and more I think these people need to just be sloughed off of the skin of civilization. If they can't find a church charity or a sucker of a family member to feed them, then they just gotta be cut loose.TheCatt wrote:I kinda like it, but there's gonna be the dumbasses who blow it all and still need help.
And there's people who just aren't capable of helping themselves.
How to keep them from breaking into houses and raiding the fridge because they spent all their money on day 1 on crack? I dunno. One problem at a time.
"Be bold, and mighty forces will come to your aid."
How to keep them from breaking into houses and raiding the fridge because they spent all their money on day 1 on crack? I dunno. One problem at a time.
Uh, no. That's a prereq to implementing this shit because doing it ad hoc is rife with shitty compromises. Even if you had something like this, it still wouldn't work. The real bitch is that there are some crackheads worth the effort.
Edited By Malcolm on 1460429153
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Ease the restrictions on lethal home defense systems. Let the problem fix itself.
The universe is going to keep creating poor people faster than we can fix them, and eventually we will hit critical mass. Might as well fix the problem while we still have some nice stuff.
The universe is going to keep creating poor people faster than we can fix them, and eventually we will hit critical mass. Might as well fix the problem while we still have some nice stuff.
"Be bold, and mighty forces will come to your aid."
Malcolm wrote:The universe ain't creating shit unless you're talking about hypothetical people somewhere on other planets. People create poor people.
And interestingly, as education, income, and availability of family planning services rise, they create fewer of them. So a negative tax could be a good breeding disincentive as well.
http://www.economist.com/node/14743589
Macroeconomic research bears out this picture. Fertility starts to drop at an annual income per person of $1,000-2,000 and falls until it hits the replacement level at an income per head of $4,000-10,000 a year (see chart 2). This roughly tracks the passage from poverty to middle-income status and from an agrarian society to a modern one.
We're Back: A Dinosaur's Story
Thanks for nailing that down, I honestly didn't know people created p;eople.Malcolm wrote:The universe ain't creating shit unless you're talking about hypothetical people somewhere on other planets. People create poor people.
o fuck what if they create themselves mind blown
"Be bold, and mighty forces will come to your aid."
Thanks for nailing that down...
Obvious as it may sound, it does imply shit like this...
as education, income, and availability of family planning services rise, they create fewer of them [people]
... is important and has a chance of bringing it under control. It's no coincidence the 100 or so countries with the least of the above have the highest fertility rates. Then all the refugees from unpleasant places everyone loves bitching about might not flee in such titanic droves.
Edited By Malcolm on 1460432931
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
"Minimum Income" for all....
He's getting more and more Jobsian as time goes on.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
"Minimum Income" for all....
He's struggling not to sound too socialist, but he's correct. In a post-scarcity economy there's no demand for the work-time of most people because those jobs just do not exist. But the economy still needs those people to spend money on food, clothing, and shelter if we are to continue using capitalism; which we should, I think, because it's such a good driver of the very technological innovation that is getting us there. The basic work-time = money equation that is used as the basis for most distribution of value to the masses is going to have to be replaced with something else.
"ATTENTION: Customers browsing porn must hold magazines with both hands at all times!"
"Minimum Income" for all....
Not this century.The basic work-time = money equation that is used as the basis for most distribution of value to the masses is going to have to be replaced with something else.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
"Minimum Income" for all....
I think one of the Scandinavian countries has been trying something like this and it hasn't been working well.
"... and then I was forced to walk the Trail of Tears." - Elizabeth Warren