Cat, mouse and snake

by Serban V.C. Enache

In his essay, “The Precariat: Today’s Transformative Class?”, Guy Standing tries to set up a historical context, a categorization of current class identities and class dynamics, and puts forth several measures to achieve a brighter future. It’s great that he talks about reclaiming the commons and taxing economic rents – albeit he forgets to stress that regressive taxes should be abolished while doing so. Continue reading “Cat, mouse and snake”

Debunking UBI funding schemes

by Serban V.C. Enache

There are a number of people on the internet, supporters of Universal Basic Income or Basic Income Guarantee, who peddle regressive taxation to “pay for” the program. The most common funding schemes you’ll find on the internet consist of: VAT (Value Added Tax) or a Tax on all financial transactions – the latter’s final goal being that of replacing all other taxes. Continue reading “Debunking UBI funding schemes”