The Robot Economy and the Crisis of Capitalism: Why We Need Universal Basic Income

The Robot Economy and the Crisis of Capitalism: Why We Need Universal Basic Income
http://www.abc.net.au/religion/articles/2014/07/17/4048180.htm

Goes some way toward creating a base level rationale our proposed tax policy.

I mentioned our draft tax policy in the r/australia thread for this article.

There was one response to it, which I’m not too sure how to answer:

Why does PPAU support a NIT over a phased in basic income? Or do you just see it as part of the phase in process?

Any thoughts?

A question that will be answered on the weekend, although in practice it is
a basic income just practically implemented. Seems like a false distinction
to me.

I agree with Brendan. Negative Income Tax (NIT) is an efficient implementation of a Basic Income system.
We already have systems for managing taxation payments in both directions. Why invent yet another scheme to hand out money.
Another related theme in our policy base is to reduce the number of social benefit schemes. Not to disadvantage anybody, but to reduce the inefficiency. It really sucks that someone in a poverty situation has to front up to so many different government bureaucracies to plead their case.
NIT as an implementation of a Basic Income is a continuation of that theme.

@AndrewDowning Mind if I quote your comment on the Reddit thread?

@jscinoz No problem.

@AndrewDowning Done