Are you opposed to Basic Income? What about a Negative Income

I am opposed to stupid ideas. Always ask: where does the money come from to fund X? And: is it sustainable?

Who's gonna foot the bill for the basic income?

The rich have already stored their
money offshore?

>>140116806
https://www.youtube.com/watch?v=xtpgkX588nM

Tax the robots that produce the wealth to sustain the consumers.

>>140117587
>>140117750
The money comes from the people who pay for social services, etc. now, taxpayers, particularly wealthy ones
> The rich have already stored their money offshore
Nice meme, even if they have to some extent is that why they still pay most taxes?
Not only that but as technology progresses further and capital concentration intensifies there will be a need to make sure that people who lose the ability to competitively work can actually consume the shit produced by robots and capital and the people who own them.
>>140118127
You have the right idea

>>140116806
Friedman didn't want guaranteed basic income.

He wanted it as a replacement to all other types of welfare. He saw a negative income tax as the lesser of two evils but he would prefer neither.

>>140119444
>there will be a need

funny use of the word "need"

>>140118127
robots don't produce wealth

wealth is created through voluntary trade

goods are worthless without demand

taxing the robot will only shrink the economy

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What exactly is a "negative income tax"? Does the government just give paychecks to citizens?

Where is that image of the extension cord plugged into itself. That was a good one. Explains it all.

>>140116806
meh cutting taxes would produce the same effect without increasing state interference in the life of the people which should be the goal anyway

>>140119740
> Capitalism doesn't require consumption of goods which have a demand to keep going
> Dude the people who can't work can just consume without enough means to consume lmao
And in your next post you even mention how demand which leads to trade are what create wealth without realizing that people need something to trade with and for (money or some other good) to satiate said demand without realizing that.
>>140120142
https://en.wikipedia.org/wiki/Negative_income_tax

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>>140116806
https://www.youtube.com/watch?v=oDkHLPanjkQ

>>140121083
http://rooseveltinstitute.org/modeling-macroeconomic-effects-ubi/
A UBI could potentially grow the US economy by trillions of dollars according to serious economic analysis, as opposed to light-hearted mental masturbation from YouTube personalities. And this is coming from a person who isn't particularly pro-UBI but favors a Negative Income Tax instead.