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Implement Transactional Tax & Universal Basic Income

Implement Transactional Tax & Universal Basic Income

Replace most taxes with a 0.25% transactional tax and replace benefit system with universal basic income.

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    • Chelsea Finnie
      tagged this with low priority 2016-12-03 22:44:03 +1300
    • Tim O'Donnell
      commented 2016-11-29 21:51:32 +1300
      I think the tax would have to be much more but agree it’s the only way to have everyone pay their fair share. I don’t think it’s the right time for UBI. We’re decades away from that
    • Tim O'Donnell
      tagged this with essential 2016-11-29 21:51:31 +1300
    • duncan cairncross
      commented 2016-11-27 16:51:08 +1300
      Good idea BUT a transaction tax will probably not bring in enough (its worth doing just to change behavior) – I’m in favor of a wealth tax
      A UBI is essential
    • duncan cairncross
      tagged this with essential 2016-11-27 16:51:07 +1300
    • Frances Palmer
      tagged this with essential 2016-11-26 12:13:42 +1300
    • Richard Wyles
      commented 2016-11-26 10:55:38 +1300
      I’m a supporter of the UBI but I think a comprehensive 1% wealth / capital tax is the best way to fund it. My concern is how businesses might pay for a capital tax when they are fledgling – if they’re not profitable tax is deferred. How would that work using a capital tax model? A transactional tax is less appealing because it would slow down commerce in general thereby reducing our collective ability to pay for things.
    • Richard Wyles
      tagged this with interesting 2016-11-26 10:55:38 +1300
    • Robert Powell
      tagged this with essential 2016-11-26 05:38:08 +1300
    • David ten Have
      tagged this with essential 2016-11-26 05:01:06 +1300
    • Jane Upton
      tagged this with essential 2016-11-25 22:33:18 +1300
    • James Reardon
      tagged this with interesting 2016-11-25 19:40:00 +1300
    • Ian MacKay
      commented 2016-11-25 16:00:50 +1300
      The UBI is a must discuss. High priority if we are to look like being fresh and innovative.
    • Nathan Rattray
      tagged this with interesting 2016-11-25 15:16:48 +1300
    • Nathan Rattray
      tagged this with important 2016-11-25 15:16:48 +1300
    • Neil Macbeth
      commented 2016-11-25 15:06:09 +1300
      All the indicators seem to point to a massive change in the job market over the next ten years. Automation is rising quickly, which will result in job-losses, and new jobs will be emerging in areas that currently don’t exist. It’s critical that we have an economic fall-back plan to give working people time to re-train and to give NZ a fighting chance of withstanding the rapid changes we’re about to go through. Right now it’s in the Too Hard Basket for career politicians and I reckon if there’s one issue TOP needs to fire them up about, it’s this.
    • Neil Macbeth
      tagged this with essential 2016-11-25 15:06:08 +1300
    • Jaya Gibson
      published this page in Suggestions 2016-11-25 14:49:05 +1300