> http://en.wikipedia.org/wiki/Guaranteed_minimum_income > > This provides some info. How to fund is treated in greater detail toward > the end of the article.
Funny, they even put the Perpetuum Mobile into the 1st line!: | Funding | | Many different sources of funding have been suggested for a guaranteed | minimum income: | | * Income taxes So the Basic Income will be funded by a part of itself? No, wait, BI isn't taxed anyway, so BI has to be funded by taxes on the other income... but wait, that other income will be less than today, because with BI, people need less other income. So there will be less income taxes than today, to fund a BI that cannot be funded by today's income taxes. Uh-hum! Sounds pretty Madoffesque indeed... Chris ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SpamWall: Mail to this addy is deleted unread unless it contains the keyword "igve". _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
