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Blue_true

(31,261 posts)

25. There are not enough 1%. If they are the only ones taxed, you are

Reply to MichMan (Reply #24)

Tue Aug 13, 2019, 05:57 PM

Aug 2019

talking about confiscatory taxation, which won't stand up in Court.

UBI will be needed, robots and AI are fast and relentlessly eliminating human labor. But how to manage such a system is long from being worked out in a way that makes sustainable economic sense.

Tax the 1% makes a great soundbite, but there are so few of them that we would have to seize a large amount of their assets, as well as tax ALL of THEIR annual income at a much higher rate than now.

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Highlight:

Someone is primarying Jerry Nadler (NY-10) [View all] RhodeIslandOne Aug 2019 OP

Jesus Christ in a corduroy sweater-- what the ever lovin' fuck is up with these people? They can't.. TreasonousBastard Aug 2019 #1

It happened to Joe Crowley in nearby NY14. Stinky The Clown Aug 2019 #2

On a day when there was no higher election primary... low turnout. OnDoutside Aug 2019 #3

Yea-- that's how AOC got the job. She claimed Crowley was ignoring the district, which he... TreasonousBastard Aug 2019 #4

Crowley had to go sabbat hunter Aug 2019 #5

Believe me, the voters won't be confused next year when the FEDERAL primaries roll around. George II Aug 2019 #31

Nadler warned about the dangers to people's health after 9-11 JI7 Aug 2019 #6

NY-10 sabbat hunter Aug 2019 #7

Oooooooh! THIS is interesting! Leith Aug 2019 #8

All I need to know, thanks Eliot Rosewater Aug 2019 #9

Same here Leith Aug 2019 #10

Totally thegoose Aug 2019 #11

Yup......not going anywhere...loser. a kennedy Aug 2019 #19

Conservative Right Think Tank. Ok irisblue Aug 2019 #12

GREAT CATCH. Thank you, Leith. And that puts another perspective on Yang, too. n/t pnwmom Aug 2019 #13

That's not the same guy mathematic Aug 2019 #14

You are right, that is not the same guy. FM123 Aug 2019 #16

Rats Leith Aug 2019 #17

except the current picture looks about the same age as the one you found dsc Aug 2019 #18

That's not the same guy. chowder66 Aug 2019 #15

This message was self-deleted by its author comradebillyboy Aug 2019 #30

$1,000 a month for all Americans? Polybius Aug 2019 #20

Universal Basic Income MichMan Aug 2019 #21

The name is understood. How will it be paid for? nt Blue_true Aug 2019 #22

Same as everything else; tax the 1 % MichMan Aug 2019 #24

There are not enough 1%. If they are the only ones taxed, you are Blue_true Aug 2019 #25

How would we pay for the Freedom Dividend? Chellee Aug 2019 #27

I agree that putting more money in the hands of people who spend it grows Blue_true Aug 2019 #28

Not true. They want a VAT to pay for it. dansolo Aug 2019 #32

And extensively panned as a really bad idea. GulfCoast66 Aug 2019 #23

UBI comes with some daunting implementation issues. Blue_true Aug 2019 #29

Challenge smells bad - unfortunately there is Dem precedent empedocles Aug 2019 #26

There's another challenger, too - Lindsey Boylan. George II Aug 2019 #33

All I can find about him is that he took a leave of absence from Harvard Law School.... George II Aug 2019 #34