Businesses would pay sales tax, using the same local systems they use now to pay their local sales tax. The sales tax system would then split out what belongs to local govs and which to federal and divvy it out equally. Then we'd expand the sales tax reqs to other areas/expenditures that it normally doesn't apply like wages, dividends, land/home purchases, etc.
GBI wouldn't cost a fortune, if we get rid of existing handout programs, and streamline a lot of systems, also having a sales tax that we could alternate yearly to easily keep money 'balanced' would help with rolling out new features and testing scenarios to make sure we can afford something like gbi or universal healthare.
A lot of the systems can be automated, IRS does a lot of audits on citizens to make sure they're paying income taxes - we wouldn't do that anymore, we might still need a small agency to enforce that businesses are all in compliance, or that could just be on local/states to figure out.
The fact that there's no tax rebates/refunds would mean everyone pays taxes including the formerly in poverty now collecting GBI. GBI would essentially be their reimbursement/help. But it makes everyone a contributing actor, and if we need to raise sales tax to 15% before we can afford reasonable GBI, that makes sure everyone has a roof over their head, then it would still be worth it.
I think from a technical standpoint we also need to cut/streamline government in a lot of places. Healthcare, omnibuses, etc.. One thing I'd like is a github like format for bills, where you commit smaller bills, that are repealable, so big huge omnibuses are outlawed. It doesn't make sense that to get one small piece you as a senator want you have to vote for 10 pieces you don't want. Everything needs to be in smaller pieces so if something works we can keep it, if it fails we can revert the change like we would a bad commit on git.
The problem is the systems we use all require thousands of people to run, when they don't really have to, we could automate tons of stuff in the government but we don't because of all the jobs that would be lost. W/ gbi that wouldn't be a concern. I can't wait for robots/ai to take away 50%+ of jobs over the next decade freeing up mankind for more creative endeavors.
I'd love to see more interest in experimenting with alternative economic models. I could also come up with at least one. I'm not sure how this is ever going to happen though, given the politics of the world we live in now.
If I were myself rich, and able to hire a dev team, I'd build a global full-proof identity system (iris scanning maybe?) to guarantee identity 1:1, and a crypto coin with guaranteed basic income built in.
Then I'd build a not-for-profit grocery chain/and other businesses, where all fiat/crypto go back evenly to users of the coin. I'd buy up homes rent them below market rent values to try and drive rents back down instead of up.
Grocery stores would sell products cheaper, and profits would be split between gbi coin holders who live in that area, and workers at the local businesses we run. Execs at all companies we build would be capped at 100x worker salary. They'd also be not-for-profit (opposed to non-profit), meaning ALL money has to be paid at end of fiscal year to improvements of business, or to wages/bonuses/charity/etc.
I don't have faith in government to be the change we need, we're going to need to think outside the box and create self-sustaining government agnostic solutions.
GBI wouldn't cost a fortune, if we get rid of existing handout programs, and streamline a lot of systems, also having a sales tax that we could alternate yearly to easily keep money 'balanced' would help with rolling out new features and testing scenarios to make sure we can afford something like gbi or universal healthare.
A lot of the systems can be automated, IRS does a lot of audits on citizens to make sure they're paying income taxes - we wouldn't do that anymore, we might still need a small agency to enforce that businesses are all in compliance, or that could just be on local/states to figure out.
The fact that there's no tax rebates/refunds would mean everyone pays taxes including the formerly in poverty now collecting GBI. GBI would essentially be their reimbursement/help. But it makes everyone a contributing actor, and if we need to raise sales tax to 15% before we can afford reasonable GBI, that makes sure everyone has a roof over their head, then it would still be worth it.
I think from a technical standpoint we also need to cut/streamline government in a lot of places. Healthcare, omnibuses, etc.. One thing I'd like is a github like format for bills, where you commit smaller bills, that are repealable, so big huge omnibuses are outlawed. It doesn't make sense that to get one small piece you as a senator want you have to vote for 10 pieces you don't want. Everything needs to be in smaller pieces so if something works we can keep it, if it fails we can revert the change like we would a bad commit on git.
The problem is the systems we use all require thousands of people to run, when they don't really have to, we could automate tons of stuff in the government but we don't because of all the jobs that would be lost. W/ gbi that wouldn't be a concern. I can't wait for robots/ai to take away 50%+ of jobs over the next decade freeing up mankind for more creative endeavors.