Basic Income UN

When the super-rich lend money to governments through bonds, they don't have to pay taxes on this capital, and they also receive interest. So, only the 97% pay taxes. They have the power and perpetuate this system.

#UBI is a question of power. And power is not given, it must be taken.

@ubi_works UBI is a question of power. And power is not given, it must be taken.

@ubi_works 📌Follow the Money x.com/BasicIncomeUN/…

We could slash poverty with no new taxes on working Canadians. Basic income uses tax dollars better.

Richard D. Wolff & Michael Hudson About pensions, they want people to continue working, here is how the scam works. Totally fascinating, must watch this part. All we need is a global tax reform, to tax the richest. @Dialogue_NRA youtube.com/live/e5Ed7b1-L… #UBI #BasicIncome

A Universal Basic Income isn’t about handouts, it’s about stability. When people have an income floor that covers their basic needs, they can participate fully in their communities, and that’s what truly strengthens the economy.

Every year, we perform 9.6 trillion hours of labour for the world economy. But the vast majority of this is controlled by capital and deployed to produce whatever is most profitable to capital. As a result we languish in conditions of mass deprivation and ecological breakdown. Under conditions of economic democracy, by contrast, we could deploy our massive productive capacities instead toward improving human well-being, social progress, green transition, and ecological regeneration. We could address our social and ecological crises in very short order. We live in a mere shadow of the world we could have.

Canada spends over 12% of GDP on healthcare. That’s over $370 billion. What’s another 1% of GDP for a basic income that would reduce poverty by 50%? Or 2% of GDP would reduce poverty 100% and get people off the streets? We would see healthcare costs go down and save money.

#TaxHavens #UNTaxConvention The UK spider’s web is estimated to be responsible for over a third of the worlds global tax losses to corporate and private tax abuse. At the centre of the web sits the #CityofLondon. youtube.com/watch?v=np_ylv…

New on my Substack about how the election that just happened in the Netherlands may soon result in the Dutch attaining first place in the race for Universal Basic Income. What happened and why did it happen? Give it a read! open.substack.com/pub/scottsante…

AVAAZ: Every year, corporate giants hoard over $340 billion that belongs to us, finally we have a shot at getting it back. In a few days, talks in Nairobi for the #UNTaxConvention are the chance to unmask megacorporations stealing from the poor. secure.avaaz.org/campaign/en/ta…

@TechTonicConvos @ubi_works The global tax system itself has to change. #UNTaxConvention x.com/BasicIncomeUN/…

@ubi_works This is inevitable, and necessary to keep our society at peace during the transition into Sustainable Abundance. The real question is : how do we fund it? The Answer: AI & Robotics Economy.

This is South Korea's president Lee Jae-Myung He's boldly gone where few Western leaders have: He supports UBI funded by land, nature, and technology. He believes AI should lead to shorter workweeks. Canada, take note. ubiworks.ca/blog/south-kor…

Money with a value of 50% of global GDP is hidden in tax havens. Follow the Money with Jason Hickel at Citations Needed Podcast soundcloud.com/citationsneede…

Thankful for the UBI community 🦃 From all walks of life and political allegiances Our ideas are winning over the world

I think of this as the South Park experiment even though it's in AZ instead of CO. At a school in Tempe, about 70 third-graders (technically their families) will get $200/mo in guaranteed income for 3 years. We can only hope this inspires an episode of South Park about UBI.

A 0.05% tax could raise around US$5 trillion annually — roughly 5% of global GDP. If this revenue were shared equally among 8 billion people, each person could receive between US$125 and US$625 per year, depending on the rate and coverage.

A Financial Transaction Tax (FTT) is a small levy placed on the exchange of financial instruments such as stocks, bonds, currencies, or derivatives. Even a fraction of a % could raise substantial revenue due to the enormous volume of global financial transactions occurring daily.

Imagine a tiny #tax on every financial transaction — a micro-contribution creating shared income for the UN and all 8 billion people. If markets rise, everyone gains. If they fall, at least the world earns something back.