Authorities in Finland are considering giving every citizen a tax-free payout of €800 (£576) each month.
Under proposals being draw up by the Finnish Social Insurance Institution (Kela), this national basic income would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income.
Unemployment in Finland is currently at record levels, and the basic income is intended to encourage more people back to work. At present, many unemployed people would be worse off if they took on low-paid temporary jobs due to loss of welfare payments.
Working Americans already pay a ridiculous amount in subsidies for people who don't work, plus the salaries of all the gov't employees to manage these programs. What if we did this here? The amount would need to be closer to $2000 to cover the essentials. Let's kick this can around the Table for a few minutes.
Basically, we're talking about doing away with social security, welfare, food stamps, housing/health subsidies. All of it, down the "social experiment" crapper.
Give every citizen $2000 per month. EVERYONE from skid row bums to billionaires. Everyone.
It would recharge the 50% of our population who are pulling the ever-crowded wagon. A couple could use their $4000 windfall to fund retirement, or education for their kids. Inner city blacks, reservation Natives, West Virginia poor whites, and others would once again have a reason to get married and create stable households, as there would be no financial penalty for an intact family. People who can't afford to work because of the loss in benefits could not only obtain/create employment, but thrive. Well-off citizens could donate the windfall to schools, churches, clinics. Could you imagine if people who donate their portion to schools were automatically given a seat on the school board, to vote on where the money is spent and demand accountability from teachers and administrators? It would be epic.
How could we pay for this simplified system? Disband the IRS. Begone a$$holes! Levy a 10% tax on all purchases and services, with no caps and no exceptions other than maybe rent, food, and medical expense. No income tax, no death tax, just ONE tax. Let the individual states be in charge of collecting it and remitting Ceasar's portion to Ceasar, while keeping their own portion for state business and projects.
If you buy a $100,000 home? Please pay a 10% tax, or $10,000, into the tax kitty. Purchase a $250,000 boat? Pony up $25,000. No caps. If a business buys a million dollar piece of equipment, remit $100,000. Simple. Punish fraud with lengthy prison sentences, and make them forfeit their $2000/month stipend for life.
There might be a way to throw public sector worker pensions into this mix. I know it would send the progressives into howling fits for touching their sacred, taxpayer-funded golden stash, but that's the breaks.
In a perfect world everyone would work and support themselves, but it's not a perfect world, and unless something catastrophic happens the libs are not going to relinquish their giveaway bonanza. Maybe the best we can do right now is to simplify and control it, and in the process reinvigorate the middle class and jump-start innovation.
Think long term strategy. Think Overton Window.
Okay friends. Fire away!