Higher taxes on the wealthy, guaranteed basic income - Deepstash
Higher taxes on the wealthy, guaranteed basic income

Higher taxes on the wealthy, guaranteed basic income

This line of thinking in politics is the liberal/socialist/communist camp. It goes by the principle that the system should be fair for the disadvantaged, so we must tax the wealthy more to pay for the services to the poor.

One of the more prominent proposals in this camp is universal basic income. The idea is simple in premise: raise taxes on the wealthy to give a minimum basic income, whether people work or not, topping people up if they work to a maximum amount but also not requiring them to work for their wage.

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Business Administration and Management Student | Blockchain, DEFI & Web3 | Social Worker | "Fix the money & fix the world."

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