Liberal Party of Canada Adopts Basic Income Policy

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“A Concrete & Financed Proposal For Basic Income In Sweden”

Post by Riddick » 07-22-2017 12:25 AM

Christian Engström, former Member of the European Parliament 2009-2014 for the Swedish Pirate Party, has written a “concrete proposal” for an unconditional basic guaranteed tax-free income of 900 EUR (8333 SEK) per month for every Swedish resident between the ages of 19 and 65.

The basic income would replace Sweden’s current social assistance programs, student aid, and unemployment benefits, but no other government-funded programs. Disability and sickness benefits, child benefits, and the state pension would remain in place.

Engström’s basic income guarantee is designed as a negative income tax rather than as a universal grant, with the amount of the grant tapering off as the recipient earns income. Specifically, Engström proposes a 33% income tax with a reduction of the basic income grant by the same amount. (For example, someone who makes 300 EUR would pay 100 EUR in income taxes, and see their basic income lowered by 100 EUR, but would still net 100 EUR.)

Engström proposes no increase in income taxes, and points out that 33% is Sweden’s current normal marginal tax rate for low- and middle-income earners.

The basic income grant would be financed in part through money saved on the social assistance programs to be replaced. The rest of the funds, according to Engström’s proposal, would come from eliminating certain industry-specific discounts on value-added tax (VAT), such as those enjoyed in the food and restaurant industry.

To date, basic income has received little mainstream political support in Sweden — unlike neighboring Finland, where an experiment on the effects of an unconditional basic income will begin next year.

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But WAIT! There's MORE -

SWEDEN: UBIE Vice-Chair Launches Basic Income Political Party

Lena Stark, Vice-Chair of Unconditional Basic Income Europe (UBIE), has founded Basinkomstpartiet, a new political party, to promote basic income in Sweden.

Basinkomstpartiet plans to develop a specific model of basic income for the country, and to run candidates for election in Sweden’s general election in September 2018. At present, however, the party is still under development–as is the exact model of basic income that it will promote.

Basinkomstpartiet, whose core leadership presently consists of five people, is now focused on raising funds and developing a party platform. The party is also gathering a team of researchers and academics to draft a model for its basic income proposal.

Basinkomstpartiet promotes a view of basic income as a human right, linking it to the right to an “adequate standard of living” demanded by the United Nations Conventions on Human Rights, while also advancing the policy as a way to reduce stress in society and promote ecological sustainability.

Stark has been involved with the basic income movement since 2013, and began developing her idea for a political party in 2016, in light of the slow adoption of basic income among existing Swedish political parties. Although a few individuals in most parties support basic income, no party has come out in favor of any version of the policy. Sweden’s Green Party has never promoted a basic income, despite calling for an investigation of the idea at its 2015 conference.

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Re: Liberal Party of Canada Adopts Basic Income Policy

Post by Doka » 07-22-2017 04:31 PM

Well , hopefully this will put a stop to those pesky people, who like to make their own money, and entrepreneurs who like creating, better ways of doing things. Equal poverty for all! Lucky we have mostly moved out of "caves" we couldn't possibly have made it that far with that type of thinking. :rolleyes:
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Re: Liberal Party of Canada Adopts Basic Income Policy

Post by Riddick » 07-29-2017 01:57 AM


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Re: Liberal Party of Canada Adopts Basic Income Policy

Post by Doka » 07-29-2017 12:47 PM

Very interesting. The Elite Bureaucracy , fighting over how to feed the masses, and still keep, power and money in check.

Since Capitalism has been so demonized , There is only one way to go.......keep good jobs out of the mix and tax the poor and middle class into oblivion,with their wholehearted permission, of course, sounds like plan, equality , don't ya know. But wait! There is" in" fighting among the Elites, we may "Accidentally" reap a few benefits from this? After they turn and take their un-earned cash assets with them ,to their Millions of Dollars, Bunkers. We are going to have some form of "World Financial Adjustment" So Grit your teeth and hang on. And remember they have to come up with their bags of gold, sometime.........Will the Masses be waiting? :?:
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Re: Liberal Party of Canada Adopts Basic Income Policy

Post by Riddick » 08-04-2017 02:02 AM


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