Comments by "리주민" (@user-nf9xc7ww7m) on "How Money Works"
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Give everyone jobs, even with automation. Replace corporate tax with employment incentive tax rebate that is pegged to corporate revenue.
Full employment in company = 1% corporate income tax;
Half employment in company = 25% corporate income tax;
Zero employment in company = 50% corporate income tax.
And the percentages in between...
Do you want to give 40% of corporate revenue away to salaried workers who may only work 2 days a week for 2 hours per day, or would you rather give 50% of corporate revenue to the govt in taxes? Incentivise long term workers too, providing a lifetime employment option.
A bonus would be that more time off to consume goods & services and refresh ones batteries. Another bonus would be less direct govt involvement from trying to give everybody UBI. UBI, in essence, would come from their employers. Employers or local chambers of commerce would provide housing directly or housing allowances (private real estate companies would be incentivised to build more supply than demand to keep housing prices down--helped by the above employment scheme)...or better yet, law that states only 30% of income can be charged for home mortgage, whether it takes 5 years, 25 years, or 122 years (obviously, with a person who bought the mortgage from another, or passed down voluntarily a few generations ).
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Give everyone jobs, even with automation. Replace corporate tax with employment incentive tax rebate that is pegged to corporate revenue.
Full employment in company = 1% corporate income tax;
Half employment in company = 25% corporate income tax;
Zero employment in company = 50% corporate income tax.
And the percentages in between...
Do you want to give 40% of corporate revenue away to salaried workers who may only work 2 days a week for 2 hours per day, or would you rather give 50% of corporate revenue to the govt in taxes? Incentivise long term workers too, providing a lifetime employment option.
A bonus would be that more time off to consume goods & services and refresh ones batteries. Another bonus would be less direct govt involvement from trying to give everybody UBI. UBI, in essence, would come from their employers. Employers or local chambers of commerce would provide housing directly or housing allowances (private real estate companies would be incentivised to build more supply than demand to keep housing prices down--helped by the above employment scheme)...or better yet, law that states only 30% of income can be charged for home mortgage, whether it takes 5 years, 25 years, or 122 years (obviously, with a person who bought the mortgage from another, or passed down voluntarily a few generations ).
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Give everyone jobs, even with automation. Replace corporate tax with employment incentive tax rebate that is pegged to corporate revenue.
Full employment in company = 1% corporate income tax;
Half employment in company = 25% corporate income tax;
Zero employment in company = 50% corporate income tax.
And the percentages in between...
Do you want to give 40% of corporate revenue away to salaried workers who may only work 2 days a week for 2 hours per day, or would you rather give 50% of corporate revenue to the govt in taxes? Incentivise long term workers too, providing a lifetime employment option.
A bonus would be that more time off to consume goods & services and refresh ones batteries. Another bonus would be less direct govt involvement from trying to give everybody UBI. UBI, in essence, would come from their employers. Employers or local chambers of commerce would provide housing directly or housing allowances (private real estate companies would be incentivised to build more supply than demand to keep housing prices down--helped by the above employment scheme)...or better yet, law that states only 30% of income can be charged for home mortgage, whether it takes 5 years, 25 years, or 122 years (obviously, with a person who bought the mortgage from another, or passed down voluntarily a few generations ).
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