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That's $60,000,000,000 annually |
I think there’s a much bigger picture here, it’s a step toward a bigger idea.... with many steps left, but a step nonetheless... and no I’m not sure it’s the “right” thing to do, but I also just came back from Texas where I saw a guy who was obviously broke (based on things he said to his friend) wearing a t-shirt that said “No excuses, work harder” from Under Armor no less... and he was very happy to, even though he has fuck all himself, make sure anyone who has even less than fuck all stays that way because they didn’t work as hard as him (??) and he has every measure of that accounted for I suppose as well? People in this system we have built where everyone is “competing” with each other love to put each other down and trash people. We are pitted against each other instead of working together and sharing. Anyway, I think UBI is a small form of the grand idea of why are we even working anyway? Who controls the systems we live in? There’s more tha enough food and materials on the planet for everyone... so why do we all as a group suffer while a few control everything using the system of money and rank? I know what I’m saying sounds like communism but it doesn’t have to be... I think eventually there’s a possibility of people just being allowed to live as they want not how society tells them they must? I’d like to think there’s more to life as a human being than plugging into a standardized ideal at some point of advancement for us. |
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Many current government social programs would be consolidated into UBI; welfare, child tax credits, employment insurance, pension etc. Income taxes would likely be higher but I am no expert on the topic (UBI would not be taxable). |
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On paper a lot of new immigrants live at poverty or lower because of families reporting none to low household income in Canada, while theyve got source(s) of income coming from other Countries. And then there's the immigrants who are not here to adapt and become productive members of our society, who are only here for better quality of life that will bring down stats even more because theyve never earnt a cent for themselves because they've got a steady stream of mommy and daddy money coming in. |
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"Just look at all these jobs. why don't you pick yourself up by the bootstraps like my grandpa did and get to work! Look at the life I'm able to enjoy thanks to my parents, I don't see why you can't do the same!" |
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And it's only going to get worse with more automation |
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Many current government social programs would be consolidated into UBI; welfare, child tax credits, employment insurance, pension etc. The income tax increase for many in the middle class would most likely be offset by UBI - for example maybe you're paying $4000 extra a year in taxes but you're receiving $20,000 more a year through UBI. It's only the ultra rich that would receive a significant dent in taxes but these people already do many things to avoid taxes like parking their money off-shore so what does it really it matter to most of them. And where would these people flee to? I don't see record amounts of people leaving the lower mainland even though there's a housing crisis. There would obviously be conditions if it's only on a provincial level, you won't be able to move to BC and immediately receive UBI... |
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The huge cost of UBI could be spent much more efficiently. It just seems extremely irresponsible to me. Quote:
Crunch some numbers. Then tell me how realistic/sustainable the idea seems |
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Taxation did not change for these people. The whole point of UBI is that it should be coupled with a reform of the tax-brackets, as the UBI is essentially a negative tax-bracket. |
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Financial stability. |
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^I think you meant Lada, not Tata. Don't think the Soviets used cars made in India. Agree with everything else you say. "Hey, I'm going to work hard to earn more so I can qualify to borrow more from a bank." |
My fear is that many would not know how to use their $1000/mth (or whatever the amount is). Does UBI come with mandatory financial literacy 101? |
^ That's true of almost everyone, rich or poor. Is there any insinuation that poor people have poor money management skills by default? That may be true, but I think out of necessity they're a hell of a lot better at it that most rich people I know and famous people I don't know (but get to see their activities thanks to social media) and nobody wastes more money every day than wealthy or well-off people. And when I say waste, I mean like... WASTE waste... not "You spent $200 on latte's this month that needs to stop!" we're talking bathing in Perrier water and putting $5-mill worth of diamonds on the dog's collar wasting. Who needs a LV bag at the airport? They're ugly and they suck ass as a piece of luggage. Every time I fly somewhere I see them though! Besides, we already have a microcosm of this available for study, look at the oilfields? 9/10 of those guys barely graduated high school and blow their massive salaries up their nose or on hookers... the other 1/10 are smarter, but they still do things like buy and re-buy Porsche GT3's (:fullofwin: love you Jason) so you already know what will happen if you just give people large quantities of cash when they've got little or no financial management skills... I would imagine it would be a smaller version of the same. |
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A newly announced Ontario government program aims to do just that – soon making financial literacy education a reality for high-school students. The mandatory Grade 10 career studies course will be composed of four modules: financial literacy, entrepreneurship skills, digital literacy and career/life planning. |
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Probably because our whole economy depends on people spending their money on stupid shit. If everyone had basic finance and budgeting under their belts, Starbucks would go out of business overnight. Luxury car dealerships? *poof* edit: just saw the post above me. Good for Ontario! Too bad they have bigger fish to fry now with dealing with Doug Ford. |
I'm curious if implementing a UBI would result in more xenophobia as I'm sure it would encourage more people to immigrate here leading to people complaining about supporting others. |
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^ What does it matter if that’s all they get though? The taxpayer loses that money no matter what... At least if they blow it, the money goes back into the economy lol |
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the system we have doesn't work for everyone. nothing ever will. but it's the freest fairest system available. |
I can be a bit nimby just like anyone else, I see other countries with not enough food maybe I could do more about it but why just me? I have enough for me, but not much of a surplus like most other people living in Van... but the people with the most do almost nothing at all except continue to collect it. I get more upset about the extremes... like sports teams... the owners are one thing, however they got their money good or bad every one of them has a different story I'm sure... I can understand the players deserve to be compensated because they are the product and the owners make lots of money off them... when you see players getting $60 million dollars a year to throw a ball through a hoop, which contributes absolutely nothing to society nor does it further the human race in any way at all, that's where capitalism has failed. Yet, the same people celebrating those signings will shit on doctors and teachers and nurses whenever their contracts come up for renewal and say they shouldn't get more money? Capitalism in its current form is rewarding people based on the wrong factors/talents/levels of work. We have entire generations now of Youtube people and Kardashians and Hiltons that are literally made rich for doing nothing because they are working a rigged system despite the fact they are contributing less than nothing back to the world around them. Sad. |
You're blaming capitalism for the actions of the market. If no one wanted it, they wouldn't get paid. That sounds completely fair to me. Blame the market, not the system. The idea that capitalism equals greed seems erroneous to me. People provide a service and in return are compensated for that service (based on market value hopefully). That premise doesn't sound greedy at all. Being compensated for doing nothing? That sounds greedy |
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Some of your posts are so absurd, it's hard to tell if you're being sarcastic or just extremely naively idealistic. |
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