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

Damien Morton dmorton at bitfurnace.com
Fri Jan 23 09:41:28 PST 2015


On Fri, Jan 23, 2015 at 11:06 PM, Gregory Alan Bolcer <greg at bolcer.org>
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?


Apparently, its been tried in a few places, and the economic adjustments
have been minor.


>
> 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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