[FoRK] New Benefits of Marriage Study Actually Hints at the Horrors of Middle Age

Gregory Alan Bolcer greg at bolcer.org
Fri Jan 23 09:36:02 PST 2015


Oh.  I understand and have heard before.  But wouldn't that just 
re-adjust inflation to the point that basic income wouldn't be a basic 
living income anymore?

Greg

On 1/23/2015 9:19 AM, Damien Morton wrote:
> On Fri, Jan 23, 2015 at 9:50 PM, Gregory Alan Bolcer <greg at bolcer.org>
> wrote:
>
>> What is an unconditional basic income?
>>
>
> https://en.wikipedia.org/wiki/Basic_income
>
> An *unconditional basic income* (also called *basic income*, *basic income
> guarantee*, *universal basic income*, *universal demogrant*,[1]
> <https://en.wikipedia.org/wiki/Basic_income#cite_note-1> or *citizen’s
> income*) is a form of social security
> <https://en.wikipedia.org/wiki/Social_security> system[2]
> <https://en.wikipedia.org/wiki/Basic_income#cite_note-2> in which all
> citizens or residents of a country regularly receive an unconditional sum
> of money, either from a government or some other public institution, in
> addition to any income received from elsewhere.
>
> Essentially, you eliminate nearly all bureaucracy and management associated
> with social security systems, and replace it with a simple monthly payment
> to every single citizen.
>
> Coupled with a flat tax, you get a taxation system in which the effective
> tax rate smoothly asymptotes towards the flat tax rate as income increases.
>


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