Quote:
Originally Posted by MGM135is
I think the way you make universal basic income work in the US is by merging the unemployment and social security systems. You eliminate income taxes on that money, and go to a flat tax on anything above that amount which is whatever you earn. Then like Bill Gates said, any technologies or cost advantages that displace workers in the USA, you tax companies for that if they have a presence here. So not only automation tax but also a "I'm moving my workers to a 3rd world country" tax since Americans won't be working under that scenario either.
However as someone said above this is a slippery slope because what if you find process improvements that allow you to reduce a workforce by 10%? You're still displacing workers even though it isn't through automation.
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It going to happen, we might as well start hashing it out now.