Implement Transactional Tax & Universal Basic Income

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

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

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.

The UBI is a must discuss. High priority if we are to look like being fresh and innovative.

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.