1. Some quick UBI sums: lets say we have everybody excluding kids a UBI at the base rate of the single OAP ($814 a FN). That's ~$405 billion a year. Let's say you save the $160 billion currently spent on welfare (you wouldn't save it all).
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2. So you need ~$250 billion in new tax. the current total Commonwealth tax revenue (ex GST which the States get) is about $300 Billion a year. So, presuming you don't want the Feds to stop everything else, would need to double the Fed tax take to fund a very modest UBI.
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3. This is an increase welfare spending by about 150% a huge chunk of it going to people who do not need it at all. All for soaking the rich, but why give some of it back?
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4. Bear in mind, for context, that our country couldn't implement a very very modest Resources Tax and has been progressively cutting taxes on the wealthy for a couple of decades.
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5. Let's talk about a Guaranteed Basic Income: how we deliver, via a range of means, a minimum standard of loving to everybody. (I'll stop now, I promise.)
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Crouching Tiger Hidden Incel. ;-)
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