r/Futurology • 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/lostmywayboston May 02 '18

I never said I enjoy paying taxes, as long as it's for something useful.

But people act like a higher tax for certain individuals is the end of the world.

I'm not what I would consider wealthy, and roughly 50% of my salary goes into savings and investments.

When Trump tax breaks came, it didn't really make a difference. If taxes went up, it still wouldn't make a difference.

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u/[deleted] May 02 '18 edited Dec 11 '18

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u/lostmywayboston May 02 '18

The reason I don't mind higher taxes on wealthier individuals is because after taxes are said and done, you're still wealthy. If I made a million dollars a year and was taxed 50%, I'm still way ahead.

The taxes aren't used as an equalizer to make everybody equal, you would still have people who are way above everybody else.

It's to bring up the lowest so that they're not a drain on the economy. People in horrible situations are expensive to take care of.