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.

Showing 18 reactions

  • 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