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RE: Why inequality is growing so extreme and how Alaska points the way to the solution

in #basicincome7 years ago

Can people here let me know their "motivational starting point" for support for basic income. In other words, do YOU think that you are not paid enough. Is it that you think corporate profits will lead to increasing oppression? Are you OK but you are concerned for other people??? let me know. thx

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For me it is about eliminating rent seeking. To make the economy more meritocratic and increase the economic output. This is done by taxing economic rent and use the money to help people get education and start their own business. Basic income financed by economic rent does all that without creating a destructive marginal tax/effect.