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09-11-2017, 11:57   #1
Andy From Sligo
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Universal basic income trial in Finland

Finland government is trying out a pilot idea at the moment and are giving 2000 of its citizens a minimum of 560euro per month, no conditions, doesn't even matter if you find a job or not you will still continue to receive the 560euro.

What's your view?

universal-basic-income-finland-shows-how-salary-for-all-works- Sky News

Last edited by Andy From Sligo; 09-11-2017 at 13:38. Reason: added source
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09-11-2017, 11:59   #2
LorenzoB
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Finland government is trying out a pilot idea at the moment and are giving 2000 of its citizens a minimum of 560euro per month, no conditions, doesn't even matter if you find a job or not you will still continue to receive the 560euro.

What's your view?
Who pays for it?
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09-11-2017, 12:00   #3
Andy From Sligo
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Who pays for it?
Government (which means ultimately the people/ tax payers of Finland I should imagine)
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09-11-2017, 12:02   #4
mariaalice
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Some form of it is coming any way its how advanced economies are evolving.
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09-11-2017, 12:03   #5
bnt
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Which in turn means it's paid for by the taxpayers, who pay for governments.
It's redistribution from the wealthy, who pay more tax, to the not-so-wealthy, who don't pay as much if any (depending on income). I don't have a problem with that.
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09-11-2017, 12:05   #6
JMNolan
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The big issue, in my opinion, is that at some stage a good number of the manual or minimum wage jobs will disappear. What do we do for the people who would normally take those jobs? UBI is the future, baby!
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09-11-2017, 12:07   #7
Permabear
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09-11-2017, 12:10   #8
JMNolan
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I imagine he would/should pay a lot more in tax than he would receive in UBI. Due to his income
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09-11-2017, 12:12   #9
bnt
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That's the point, isn't it? But if tax rates are increased to fund UBI, which is likely, he'd end up paying more extra than he got from UBI. Assuming you can get him to pay his proper tax in the first place.

UBI's been discussed and argued about for years, and I think by now we can say that the obvious objections have been considered and have been factored in. I do have some questions about the effect on immigration, namely that any country that introduces UBI on its own would become an immediate "economic migration" target, which means that it would have to exclude new immigrants just to avoid this. If it's to be given to everyone, then it would have to be a global initiative - which is not likely to happen.

See also previous threads on UBI, here and here.

Last edited by bnt; 09-11-2017 at 12:18.
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09-11-2017, 12:14   #10
 
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It's an interesting idea, what is the logic behind it I wonder?
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09-11-2017, 12:15   #11
srsly78
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It's an interesting idea, what is the logic behind it I wonder?
Fairness and ease of administration.
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09-11-2017, 12:26   #12
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The Dole in Ireland is 187 a week in Ireland I believe which is 748 a month.

This is without top ups such as fuel allowance etc

This has unfortunately led to a segment of society who choose not to work which is generational.

It should be on a sliding scale. Longer you are on it, less you get. Cutting a tenner a month for example to a minimum threshold.
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09-11-2017, 12:28   #13
lawred2
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so?

I'd imagine his taxes cover it.
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09-11-2017, 12:29   #14
lawred2
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It's an interesting idea, what is the logic behind it I wonder?
fairness and tackling a parasitic welfare culture.
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09-11-2017, 12:30   #15
Fuaranach
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so?

I'd imagine his taxes cover it.
Bono? Paying taxes?
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