| Universal Basic Income 21:26 - May 14 with 5978 views | Gwyn737 |
https://www.theguardian.com/so
Economics isn’t an area of expertise for me. I can’t see how this would work. Can anyone here mount a case? |  | | |  |
| Universal Basic Income on 10:15 - May 17 with 938 views | Catullus |
| Universal Basic Income on 21:48 - May 16 by trampie |
I suppose it depends on the context, under the hypothetical scheme I heard being discussed children would have no money gifted to them and there would be no extra money given to parents with children just every adult would be entitled to the payment and there would be no benefits of any kind was the way it was presented.
Thinking about it a single parent with several kids would not do as well as single person or a couple with no children, I would not be surprised if it happens in years to come but in what form is anyone's guess at this stage, but it does seem to been trialled by lots of Governments across the World so they are looking at it as they seem to think we will have economic issues affecting the masses down the line. |
Where did you hear this discussion then? Are you in the Senedd?
The context of my family is 2 adults, one 12 year old. A payment of 1500 each gives exactly the scenario I outlined. We would be coining it but a single prent family could easily be worse off.
A woman I know locally is single with 3 kids, she works part time. I don't know what benefits she gets but she could be worse off, she'd lose around 180 per month in child benefit alone.
A single Adult, living at home with mum and dad and working full time would be raking it in.
I'm no financial expert but if I can see issues with it an expert might be able to point out a lot more problems.
I think they'd be better off focussing on job creation, apprenticeships. I think it's better to discourage benefits and give incentives to work and as I said earlier, put taxes on automated workers so employing people is more financially viable.
Even then, unless the whole world did it, it would fail, in my opinion. | |
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| Universal Basic Income on 12:06 - May 17 with 902 views | trampie |
| Universal Basic Income on 10:15 - May 17 by Catullus |
Where did you hear this discussion then? Are you in the Senedd?
The context of my family is 2 adults, one 12 year old. A payment of 1500 each gives exactly the scenario I outlined. We would be coining it but a single prent family could easily be worse off.
A woman I know locally is single with 3 kids, she works part time. I don't know what benefits she gets but she could be worse off, she'd lose around 180 per month in child benefit alone.
A single Adult, living at home with mum and dad and working full time would be raking it in.
I'm no financial expert but if I can see issues with it an expert might be able to point out a lot more problems.
I think they'd be better off focussing on job creation, apprenticeships. I think it's better to discourage benefits and give incentives to work and as I said earlier, put taxes on automated workers so employing people is more financially viable.
Even then, unless the whole world did it, it would fail, in my opinion. |
On the radio ages ago. |  |
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| Universal Basic Income on 12:43 - May 17 with 885 views | johnlangy |
| Universal Basic Income on 23:16 - May 16 by JACKMANANDBOY |
We could of course create some jobs? |
8 million ? | | | |
| Universal Basic Income on 12:52 - May 17 with 879 views | JACKMANANDBOY |
| Universal Basic Income on 12:43 - May 17 by johnlangy |
8 million ? |
If there's 8 million needing UBI, we better create some jobs otherwise we'll run out of money before we start! |  |
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| Universal Basic Income on 17:16 - May 17 with 822 views | Catullus |
| Universal Basic Income on 23:52 - May 16 by Joe_bradshaw |
Yes, by making the country an attractive place in which to locate your business. This is why it’s a balancing act by any government and to some extent explains the seeming reluctance to ensure that corporation tax is paid by closing loopholes exploited by big businesses.
If Wales unilaterally had a higher rate of corporation tax than England or even somehow closed loopholes so that more tax was paid the result is obvious. We need a dialogue between government and business so that business is attracted to locate here but pays a realistic amount of tax on profit. It’s not as easy as many people seem to think. |
It's the same problem there as with UBI though, unless everybody does it there will laways be somewhere else to move your factories to. Just look at all the business that's moved out of the Western countries to places with cheaper labour costs and those companies that register their hJQ's in lower tax countries. | |
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| Universal Basic Income on 10:14 - May 18 with 751 views | Catullus |
Well then,
https://www.walesonline.co.uk/
Scotland says the devolved governments done have the powers to start a UBI scheme. So is this just bluster and another tool to beat Westminster with? | |
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| Universal Basic Income on 11:40 - May 18 with 732 views | ExiledJack |
UBI experiments aren’t needed to improve people’s finances. Just follow three rules:
1. Earn more
2. Spend less
3. Take care in how you save if your currency is being devalued by regressive policy.
Don’t knock it until you’ve tried it! | | | |
| Universal Basic Income on 18:25 - May 18 with 693 views | Flashberryjack |
| Universal Basic Income on 10:14 - May 18 by Catullus |
Well then,
https://www.walesonline.co.uk/
Scotland says the devolved governments done have the powers to start a UBI scheme. So is this just bluster and another tool to beat Westminster with? |
Another stick. |  |
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| Universal Basic Income on 10:08 - Jun 9 with 554 views | Catullus |
BUMP....
Ok it's raised it's ugly head again,
https://www.walesonline.co.uk/
It says it'll cost 50 million per year but then look at how much they are proposing to pay out and do the math. It equates to around 32 billion per year for the whole of Wales. Thta's not 100% accurate obviously, the age groups will have differences across Wales that change the figures so lets say it could be anywhere from 27 - 37 billion and then take the low number. Where does Wales find 27 billion?
My age group is tagged to get £213.59 per week or just over £11,000 per year, that means their proposal gives me a rise of around £6,800 per year. I just cannot see it happening. This trial will prove nothing, Westminster will never agree to a Universal basic income in Wales and just give us the extra billion and the Senedd cannot borrow it so why would they waste the 50 million when the schools and hospitals need this money? | |
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| Universal Basic Income on 11:21 - Jun 9 with 529 views | JACKMANANDBOY |
It's been tried a few times without success, there was another approach in Canada that gave people a lump sum to sort out a rented home and get them into work which seemed to work better. The money had defined goals and outcomes. | |
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