
Universal Basic Income - the next great tax reform With @RYBCulture. Powered by $CULTURE https://xitter.cf/t.co/OBqwqkGmnS
Amsterdam, The Netherlands
Joined October 2013
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#UBI is a question of power. And power is not given, it must be taken.
Richard D. Wolff & Michael Hudson
About pensions, they want people to continue working, here is how the scam works.
Totally fascinating, must watch this part. All we need is a global tax reform, to tax the richest. @Dialogue_NRA
youtube.com/live/e5Ed7b1-LnY… #UBI #BasicIncome
Basic Income UN retweeted
A Universal Basic Income isn’t about handouts, it’s about stability.
When people have an income floor that covers their basic needs, they can participate fully in their communities, and that’s what truly strengthens the economy.
Basic Income UN retweeted
Every year, we perform 9.6 trillion hours of labour for the world economy. But the vast majority of this is controlled by capital and deployed to produce whatever is most profitable to capital. As a result we languish in conditions of mass deprivation and ecological breakdown.
Under conditions of economic democracy, by contrast, we could deploy our massive productive capacities instead toward improving human well-being, social progress, green transition, and ecological regeneration. We could address our social and ecological crises in very short order.
We live in a mere shadow of the world we could have.
Basic Income UN retweeted
Canada spends over 12% of GDP on healthcare. That’s over $370 billion. What’s another 1% of GDP for a basic income that would reduce poverty by 50%? Or 2% of GDP would reduce poverty 100% and get people off the streets? We would see healthcare costs go down and save money.
Basic Income UN retweeted
We could slash poverty with no new taxes on working Canadians.
Basic income uses tax dollars better.
#TaxHavens #UNTaxConvention
The UK spider’s web is estimated to be responsible for over a third of the worlds global tax losses to corporate and private tax abuse. At the centre of the web sits the #CityofLondon.
youtube.com/watch?v=np_ylvc8…
Basic Income UN retweeted
New on my Substack about how the election that just happened in the Netherlands may soon result in the Dutch attaining first place in the race for Universal Basic Income. What happened and why did it happen? Give it a read!
open.substack.com/pub/scotts…
AVAAZ: Every year, corporate giants hoard over $340 billion that belongs to us, finally we have a shot at getting it back. In a few days, talks in Nairobi for the #UNTaxConvention are the chance to unmask megacorporations stealing from the poor. secure.avaaz.org/campaign/en…
Basic Income UN retweeted
Replying to @DaliborTTC @ubi_works
The global tax system itself has to change. #UNTaxConvention xitter.cf/BasicIncomeUN/status/1…
Money with a value of 50% of global GDP is hidden in tax havens.
Follow the Money with Jason Hickel at Citations Needed Podcast
soundcloud.com/citationsneed…
Money with a value of 50% of global GDP is hidden in tax havens.
Follow the Money with Jason Hickel at Citations Needed Podcast
soundcloud.com/citationsneed…
Basic Income UN retweeted
This is South Korea's president Lee Jae-Myung
He's boldly gone where few Western leaders have:
He supports UBI funded by land, nature, and technology. He believes AI should lead to shorter workweeks.
Canada, take note.
ubiworks.ca/blog/south-korea…
Basic Income UN retweeted
Thankful for the UBI community 🦃
From all walks of life and political allegiances
Our ideas are winning over the world
Basic Income UN retweeted
I think of this as the South Park experiment even though it's in AZ instead of CO. At a school in Tempe, about 70 third-graders (technically their families) will get $200/mo in guaranteed income for 3 years. We can only hope this inspires an episode of South Park about UBI.
Imagine a tiny #tax on every financial transaction — a micro-contribution creating shared income for the UN and all 8 billion people.
If markets rise, everyone gains.
If they fall, at least the world earns something back.
A Financial Transaction Tax (FTT) is a small levy placed on the exchange of financial instruments such as stocks, bonds, currencies, or derivatives. Even a fraction of a % could raise substantial revenue due to the enormous volume of global financial transactions occurring daily.
Check this out, #basicincome
MONDIACULT starts today in Barcelona.
xitter.cf/RYBCulture/status/1958…
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