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Do you have strong opinions about universal basic income? (lemmy.world)
submitted 11 months ago by to c/asklemmy@lemmy.world
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[–] 15 points 11 months ago (3 children)

Only works if we limit the amount of wealth single persons are allowed to hoard.

I say that anyone with a networth over 10M should have all other income over that taxed 100%

Same for companies, cap them at 1 billion

This will allow capitalism yet spread the wealth

Yes, this requires more details, of course, but this should be a basic rule. There is no right to own more than 10 million in wealth

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  • [–] 14 points 11 months ago (2 children)

    I generally agree, but rather than making it a specific number, I think we should tie it to some multiple of the poverty line or the average income of the lowest 10% or something like that. That way, if the rich want to earn more, they have to make things materially better for the poorest people in society; and if they don't do enough, the government takes that money to do it for them.

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  • [–] 2 points 11 months ago*

    The wealth cap should be tied to a multiple of the UBI. A person or corporation wants to be allowed to get even richer? Then they can campaign to raise the UBI amount for everyone.

    If, as they claim there's enough left to go around and they are paying enough taxes, then it'll be simple to raise the UBI amount.

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