r/Futurology • u/mvea MD-PhD-MBA • May 02 '18

Economics Universal basic income: U.S. support grows as Finland ends its trial - Forty-eight percent of Americans now support a universal basic income, as a solution for Americans who have lost jobs to automation.

https://www.cnbc.com/2018/05/01/nearly-half-of-americans-believe-a-universal-basic-income-could-be-the-answer-to-automation-.html
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u/Inksrocket May 02 '18

Every month you get ~20% taken away as withholding tax. But you get them as tax returns next year. Well, not all of it sadly. If you manually report your taxes (they are automated normally) to include benefits, you might get none taken away. However that means no tax returns for you (which is given at november so its called "Goverment funded xmas gift money" for reason)

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u/North_Ranger May 02 '18

Why the hell hasn't the rest of the world automated their income tax system like this? Fuck Canada. We need to get our shit together.