When a country is bold enough to introduce a UBI, society will undergo some radical changes in how we think about governments and money. With a UBI, everybody gets the same amount of money from… Read More »UBI and Everyone Pays (versus user pays)
A contributor to inequality is the very rich “investing” their money in the sharemarket and real estate, or letting it sit in the bank. This creates a passive income for them, but doesn’t stimulate the… Read More »A Great Example of Wealth Tax (USA)
In Australia, property owners receive two distinct tax advantages: Negative Gearing: If your rental property runs at a loss, that loss can be used as a tax deduction against other income. Effectively that means that… Read More »Negative Gearing: Tax Cut for the Rich
Most modern economies have Payroll Tax, where every time a business pays an employee, a additional percentage of that is paid as tax to the government. It might be a lot or a little. It… Read More »Robot Tax vs Payroll Tax
Pretty much anything with a value has, was or will be taxed. Or get tax relief. At its essence tax is a percentage of cost/price, and to do that the thing being taxed has to… Read More »Allocated Value Tax
Here’s a dystopian idea x eugenics… I’m putting it out there to make sure it doesn’t happen. Because capitalism won’t cope with a population that gets smaller and smaller, in some countries politicians will do… Read More »Tax Childless People