Submitted on Wednesday 7th September 2011
Published on Tuesday 13th September 2011
Current status: Closed
Closed: Thursday 13th September 2012
Signatures: 25
Introduce a Basic Income Guarantee for every Citizen funded by a single tax on spending
The Universal Basic Income, is an unconditional sum of money, paid periodically to every single citizen, without them having to do anything for it.
if people choose to work as well, then they will still keep all their universal basic income, therefore becoming even more wealthy, and therefore able to buy the more luxury items in life.
the fact that these people can truly choose to work, means they have a true choice of the work they do, and therefore may decide to base that choice on the value the work creates in the world, and maybe choose not to do work that is destructive, whether to peoples welfare or to the environment as a whole.
if people choose to run businesses, they can even become super wealthy, should they wish to do so.
the whole thing can be paid for by replacing all taxes, with one single tax, a tax on spending.
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