13 sats \ 2 replies \ @chris42 12 Jun \ on: How Would Government Handouts Work on a Bitcoin Standard? bitcoin
Taxing land/property. Some kind of Georgism tax combined with UBI and a min government. No one starves, there's police/army and someone fixes the potholes :D
write
preview
0 sats \ 1 reply \ @Bell_curve 12 Jun
Very interesting analysis
I don’t think universal income would be feasible in any standard
reply
0 sats \ 0 replies \ @chris42 12 Jun
Why not? Imagine a country with 100 people, 50 are land owners. Each year they pay 10,000 in land tax. That's 500,000 in the communal pot and a UBI of 5,000 for everyone.
reply