[FoRK] New Benefits of Marriage Study Actually Hints at the Horrors of Middle Age
Gregory Alan Bolcer
greg at bolcer.org
Fri Jan 23 09:36:41 PST 2015
So it'd be like an arbitrage game using time as the factor that that
allows you to lag?
On 1/23/2015 9:36 AM, Gregory Alan Bolcer wrote:
> 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?
> 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>
>>> What is an unconditional basic income?
>> An *unconditional basic income* (also called *basic income*, *basic
>> guarantee*, *universal basic income*, *universal demogrant*,
>> <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
>> <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
>> with social security systems, and replace it with a simple monthly
>> 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
greg at bolcer.org, http://bolcer.org, c: +1.714.928.5476
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