I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
It should be. Also the NIT (Negative Income Tax) so the taxing scheme becomes progressive, rather than regressive. Though I know I’m asking too much because capitalism…