Comments on: Tax Reform and Guaranteed Minimum Income http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/ Sun, 11 Mar 2012 22:07:05 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Paul Nollen http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/comment-page-1/#comment-61 Paul Nollen Fri, 30 Nov 2007 06:35:03 +0000 http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/#comment-61 Hello sustendo, an other proposal in the direction of money creation in favor of the people is the proposal of prof Huber and James Robertson (James Robertson is also known from his involvment with NEF) You can find his proposal on http://www.etes.ucl.ac.be/bien/Files/Papers/2000Huber.pdf Paper prepared for the Basic Income European Network 8th Congress Berlin, 6–7 October 2000 www.basicincome.org quote" 1. Purpose and meaning of the proposal This contribution deals with the question of how to finance basic income. The proposal put forward here aims at using the annual addition to the stock of money, i.e. funding basic income by the creation of new money instead of levying taxes, or to put it in a slightly different way, replacing a certain amount of taxes by newly created money. " unquote The monetary proposal is worked out on my website www.socialcurrency.be Kind regards Paul Hello sustendo,

an other proposal in the direction of money creation in favor of the people is the proposal of prof Huber and James Robertson (James Robertson is also known from his involvment with NEF)

You can find his proposal on

http://www.etes.ucl.ac.be/bien/Files/Papers/2000Huber.pdf

Paper prepared for the Basic Income European Network 8th Congress
Berlin, 6–7 October 2000 http://www.basicincome.org

quote”
1. Purpose and meaning of the proposal
This contribution deals with the question of how to finance basic income. The proposal put forward here aims at using the annual addition to the stock of money, i.e. funding basic income by the creation of new money instead of levying taxes, or to put it in a slightly different way, replacing a certain amount of taxes by newly created money. ” unquote

The monetary proposal is worked out on my website http://www.socialcurrency.be

Kind regards

Paul

]]> By: Sustento http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/comment-page-1/#comment-60 Sustento Fri, 30 Nov 2007 04:49:34 +0000 http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/#comment-60 Thanks Paul. Those links looks very useful. The more we collaborate and communicate the more likely we can effect change on a global level as well as learn from each other and refine particular proposals. I contacted Christine asking for any update information on her report. Thanks Paul. Those links looks very useful. The more we collaborate and communicate the more likely we can effect change on a global level as well as learn from each other and refine particular proposals.

I contacted Christine asking for any update information on her report.

]]> By: Paul Nollen http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/comment-page-1/#comment-59 Paul Nollen Thu, 29 Nov 2007 15:13:57 +0000 http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/#comment-59 In case you are interested in "direct democracy", we just published a book http://www.democracy-international.org/book-direct-democracy.html download for free. Also a very good book about democracy, but not free to download, is on http://www.iri-europe.org/ Guidebook to direct Democracy http://shop.iri-europe.eu/catalog/product_info.php?cPath=1&products_id=29 The idea you are mentioning about creating the money into the peoples accounts is defended by Christine Boutin in France, in 2002. The concept is still in study and an official report is expected end of March 2008. http://www.frs-ladroitehumaine.fr/frontoffice/dividende-universel-une-etude-demandee-par-le-premier-ministre.r15017_p68_l1_a259_se0_ar0.htm Paul In case you are interested in “direct democracy”, we just published a book

http://www.democracy-international.org/book-direct-democracy.html

download for free.

Also a very good book about democracy, but not free to download, is on
http://www.iri-europe.org/

Guidebook to direct Democracy
http://shop.iri-europe.eu/catalog/product_info.php?cPath=1&products_id=29

The idea you are mentioning about creating the money into the peoples accounts is defended by Christine Boutin in France, in 2002.

The concept is still in study and an official report is expected end of March 2008.

http://www.frs-ladroitehumaine.fr/frontoffice/dividende-universel-une-etude-demandee-par-le-premier-ministre.r15017_p68_l1_a259_se0_ar0.htm

Paul

]]> By: Sustento http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/comment-page-1/#comment-58 Sustento Thu, 29 Nov 2007 06:54:35 +0000 http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/#comment-58 Thank you Paul. There is great synergy there in all those sites. I have read and blogged about Capitalism 3.0 here before. I see Vivant has an interview with Charles Murray also. And John Tomlinson's paper "Honest Money" is in the research section. And the AMI is on here too :-) Great to hear from you. We are all working towards a similar goal which Les Hunter calls a "Post Usurious Society". In terms of financing a basic income I'd like to throw a simple idea out there and that is for the "government" or "monetary authority" to simply issue the income directly into peoples' bank accounts. This would be part of their operating goal of managing the money supply directly (as opposed to using monetary policy). This idea flows into social credit proposals (see www.democrats.org.nz) and other ideas where the government create interest and debt free money. For me it is time for Keynes and Friedman to both stand aside.....the welfare state and monetarism have had their time. It is time to free people from the burden of interest bearing debt and taxation of their work. Thanks again and let's keep the ideas flowing. Thank you Paul. There is great synergy there in all those sites.

I have read and blogged about Capitalism 3.0 here before. I see Vivant has an interview with Charles Murray also. And John Tomlinson’s paper “Honest Money” is in the research section. And the AMI is on here too :-)

Great to hear from you. We are all working towards a similar goal which Les Hunter calls a “Post Usurious Society”.

In terms of financing a basic income I’d like to throw a simple idea out there and that is for the “government” or “monetary authority” to simply issue the income directly into peoples’ bank accounts. This would be part of their operating goal of managing the money supply directly (as opposed to using monetary policy). This idea flows into social credit proposals (see http://www.democrats.org.nz) and other ideas where the government create interest and debt free money.

For me it is time for Keynes and Friedman to both stand aside…..the welfare state and monetarism have had their time. It is time to free people from the burden of interest bearing debt and taxation of their work.

Thanks again and let’s keep the ideas flowing.

]]> By: Paul Nollen http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/comment-page-1/#comment-57 Paul Nollen Thu, 29 Nov 2007 04:40:49 +0000 http://sustento.org.nz/tax-reform-and-guaranteed-minimum-income/#comment-57 May be the solution is a basic income combined with a Flat tax on income with two thresholds, 0% until twice the basic income and from there on 30% or whatever is necessary or wanted. If the basic income is part of the taxable income the whole is working like Negative Income Tax. Of course there is no need to limit the flat tax to two thresholds when the definition is maintained . A system like that is proposed by vivant www.vivant.org a challenging question for many Basic Income proponents is, of course, how to finance the Basic Income. May be the new book (free download) of Peter Barnes http://onthecommons.org/files/Capitalism_3.0_Peter_Barnes.pdf may give some ideas. Also Wikipedia gives a short list. http://en.wikipedia.org/wiki/Basic_income a monetary reform for europe is published on www.socialcurrency.be with a link to the US proposal of the American Monetary Institute. Paul May be the solution is a basic income combined with a Flat tax on income with two thresholds, 0% until twice the basic income and from there on 30% or whatever is necessary or wanted. If the basic income is part of the taxable income the whole is working like Negative Income Tax. Of course there is no need to limit the flat tax to two thresholds when the definition is maintained .

A system like that is proposed by vivant http://www.vivant.org
a challenging question for many Basic Income proponents is, of course, how to finance the Basic Income.
May be the new book (free download) of Peter Barnes
http://onthecommons.org/files/Capitalism_3.0_Peter_Barnes.pdf
may give some ideas.
Also Wikipedia gives a short list. http://en.wikipedia.org/wiki/Basic_income

a monetary reform for europe is published on
http://www.socialcurrency.be with a link to the US proposal of the American Monetary Institute.

Paul

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