The Traderszone Network

Published in TZ Latest News 27 September, 2014 by The TZ Newswire Staff

Guaranteed Annual Income: Let’s talk numbers

I love simple solutions; magic bullets that make problems go away.  I really do.  Complex government programs make us poorer and less free.  So I really want to believe in the Guaranteed Annual Income (GAI) idea, which has been mentioned by a lot of commenters (and Milton Friedman.)  But I just don’t see how the numbers add up.  (For similar reasons, I’d like a single tax, but think that given our level of government spending we need a progressive payroll, property, carbon and VAT tax system.)

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