[–] 8270179? [S] 0 points 1 point 1 point (+1|-0) ago
The problem with universal basic income is where the money will come from. Since all of the profits of the highly automated businesses will be private capital, unless corporate taxes are so high that they would come close to the amount a business would otherwise have paid for labor, then the math just doesn't work.
I'd rather have wages untaxed if they're less than 50 dollars an hour, or salaries less than 100,000.00 a year. Above that, corporate and individual taxes would be something like 50%
[–] TotallyNotAFed 0 points 3 points 3 points (+3|-0) ago
That's not going to solve jobs simlly not being available, and why wouldn't the taxes come from companies who have automated? The UBI doesn't have to be very much, just enough to pay for food and rent and the bare necessities, and anything more would come from whatever work you find. I think companies would find automation preferable anyway, even if they had to pay similar amounts as if they had regular employees, because robots are less prone to mistakes and are more efficient regardless, so they'd probably still end up making more.