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Originally posted by METACOMET
So who gets to runs this show? I call dibs on a seat on the Central Planning Board! Oh, how I'd love to be an Alpha!
I could be a whiz at ignoring the principle of individual freedom while trying to improve the lot of mankind through some pet formula of my own. Trust me.
Originally posted by Maslo
I disagree with the maximum income very much. Big private capital is important for the advancement of humanity. Billionaires often invest into things that noone else will. This is one of the reasons why communist countries were a failure.
Ordinary high income tax for the wealthy is much better solution than any ad-hoc artificial cut-off.
Besides if the government is in control of the cash, then we don't need the big corps to invest in innovation.
Originally posted by subfab
reply to post by Slave NO MORE
for the individual:
i would like to see more finance education. how to balance a checkbook and a home budget. to learn not to go into debt. to learn how to save money. to have the option to be paid in gold backed currency.
for the politician:
no more carreer politicians. term limits for all elected position. their pay should reflect the people they represent. no representative should be eating steak when the people they represent can only afford top ramen noodles. if the average wage of the people they represent is $40k then that is what they get paid.
just some ideas off the top of my head.
subfab
edit on 15-8-2012 by subfab because: correct a typo
Originally posted by Maslo
reply to post by Slave NO MORE
Besides if the government is in control of the cash, then we don't need the big corps to invest in innovation.
Oh yes, we do, because innovation pursued by government capital and private capital is not the same. They are complementary. I dont know where you get this faith in the government from. It is needed, but it is also corrupt and incompetent. When talking about innovation, there should be no limit to private spending, in fact it would be best if research and development spending was tax-deductible.
That way I can sit around on my butt all day and be given a basic income
Hey I can sell drugs on the side and make some more while i am guaranted this basic income
meanwhile Biil gates does nothing to improve microsoft because he is already capped out, so why do anything else?
Shut down central banking and you solve a world of issues
Originally posted by Wildbob77
My humanitarian side agrees with what you are saying.
My practical side says that we should discourage poor people from having children.
We cannot, as race of people, continue to have unchecked population growth. We especially need to curtail the lower end of the economic spectrum from reproducing. They contribute less to society then they consume.
If it is paid according to cost of living those in the poor areas would be outraged due to the inequalities
Additionally what happens when tenants do not care for or trash their place of living? Or major repairs are needed such as roofing, furnace, etc?
If a company has an idea for innovation, they then can request the government for funding their reasearch etc.
Originally posted by Maslo
reply to post by Slave NO MORE
If a company has an idea for innovation, they then can request the government for funding their reasearch etc.
Again, repeat after me: government is often incompetent and corrupt.
The research approved by government is not the same, it is COMPLEMENTARY to research and development done by private entities. Plenty of good ideas will be rejected by stupid bureacrats in your system, and a lot of unproductive BS will be funded.
As for the idea of basic income, I am all for it, I think it is very sad that there are people who lack basic necessities that everyone should have. But this applies mostly to third world, most developed countries already have "basic income" in the form of various welfare systems. When we realize this, it becomes evident that basic income would not even cost that much, because living costs are on the order of few dollars a day in these countries. It is completely doable, only our own apathy and greed keeps us from eliminating poverty.