Quote Originally Posted by rory_20_uk View Post
Did you bother to read the part that everyone gets off with money to start with? I know it was a very long bit I wrote... Third sentence in? Skim that bit to get to something to bash?

The point was that to ensure that there is no effective tax of 80%+ when one starts work one keeps one's benefits and then earns more. If you earn a large salary obviously you get taxed a lot more than this and so you still PAY net taxes. The point of giving it to everyone is for simplicity.

I see. Sorry, but that isn't formulated very clearly there. You didn't say who provides the basic income.

The source of basic income would be the state?

What you are talking about is a popular notion in many European countries, the "shared base income", no? In that case I totally agree. It would cut a humongous amount of red tape, and more importantly it would cut a lot of hassle and worries for individual citizens.

AII