Economic Redistribution Poll

I feel like #1 and #2 have very different goals.

Which one has 100% inheritance tax

i'm a fan of citizen's income myself

really isn't our complex web of social programs just a more hopelessly bureaucratic way of having a slight minimum income? I mean, if it were made less complex and easier to access, that'd be what it was.

it would need to be far more robust to qualify i think

Helicopter money works faster but it's a one-time thing both from a debt perspective and froman inflation perspective.

I'm less in favor of equality than in favor of basic decency.

nixon tried to pass a guaranteed minimum income!

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the citizen's income is the only humane option.

i didn't know what helicopter money meant at first, so i pictured people throwing bags of money out of a helicopter over all the residential areas of america.

Guaranteed minimum income seems unlikely to create anything resembling income equality, but it might be marginally better than the present US system. I'd love to see the minimum wage raised considerably from current levels, regardless.

i think it would be a huge step forward if it was a living wage.

i didn't know what helicopter money meant at first, so i pictured people throwing bags of money out of a helicopter over all the residential areas of america.

like the island deliveries on 'lost' i figured

i think it could work.

From a theoretical perspective:

• Eliminate most social welfare provisions.
• Implement a substantial minimum income.
• A central bank’s forcefulness should correspond to short-term interest rates. If short-term interest rates are near 0, inflate.
• Incentivize regulators.
• And tax, tax, tax, …

Theory is such a bummer.

Most of the solutions have been accepted since Keynes, yet we’ve done very little. We’ve seen countless influential economists, e.g. Joe Stiglitz, Paul Samuelson, Greg Mankiw, and Milton Friedman, et al. unable to motivate movement on these issues. Half the country has a cultural problem with implementing a minimum income, half the country has a cultural problem with eliminating Medicaid.

Blah, blah, blah

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One drawback I can see to a minimum income is that you lose control over how it is spent. For all its flaws, our byzantine system of social programs at least means that food stamps get spent on food, section 8 gets spent on housing, medicare gets spent on healthcare, etc. (not to say that these programs are sufficient atm.)

You might say it's paternalistic of me to think the govt should retain any such control, and I guess it is, and I'm fine with that. But even assuming the government shouldn't interfere in how individuals spend their own guaranteed income, what about where children are concerned?