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TOPIC: Social Issues and Politics
[_strat_] Saturday, June 13, 2009 12:40:28 PM 
Ok... Crime seems to be sooo 2 days ago, so how about a new topic...

GMI - Guaranteed minimum income. A proposal of a system that would replace the current welfare systems. Each citizen/inhabitant (depending on the proposition) of a certain country gets a certain amount of money each month - old, young, employed, unemployed, rich, poor, married, single, doesnt matter. Everybody gets a specified amount of money.

Basicaly the idea is that it would help redistribute the wealth - if such a system would be instituted, rich would be more highly taxed, therefore they would pay in taxes much more than they would get through GMI. Thats one way, or if you happen to have oil, you can do like Alaska, and fund it through oil profits (Alaska along with a village in Namibia are the only cases of that in practice - there was a Canadian city in the 1970s that had it, but has since abolished it). 

On the other hand, the minimum wage would have to be a lot higher than GMI, so that work would still pay off more than simply staying at home and collecting the money.
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