UK Finance ( Discussion about Finance issues in the UK.

LinkBack Thread Tools Display Modes
  #1   Report Post  
Old November 24th 17, 10:56 AM posted to uk.politics.misc,uk.misc,
external usenet poster
First recorded activity by FinanceBanter: Apr 2016
Posts: 107
Default Use Brex**** VAT to fund UBI

Use Brex**** VAT to fund UBI

After exiting the EU, its easy to take the VAT
money and distribute the VAT wealth that was being given
to the EU and give it to UK nationals
as Universal Basic Income UBI for everyone.

The world is increasing its automation,
to run towards this automation pay out
UBI from VAT. Its a perfect way
to fund UBI instead of squandering VAT on
all kinds of political fixes and political
projects that are not sustainable
for the long run. Businesses won't object.
In fact they can create higher priced goods
goods that rich people can buy knowing that
all that VAT the rich know they are paying
is going back as UBI which is
all going to get spent in products that their
own companies might be making.
They can finally justify lavish spending
because the VAT is distributed as UBI which
helps them and everyone that have products
to sell and need customers to buy.

For businesses UBI is great because no matter how
much automation may increase, the products
they make will have customers through VAT and
distribution of wealth through UBI that leads
to increased purchases.

It is self regulating - if companies don't make
popular and interesting goods, their sales will
be low, their profits low, and UBI infused
customers who still accumulating money all the time
will go elsewhere to shop reducing sales further.

Thread Tools
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
VAT on services to procure reduced VAT or VAT-exempt products Keano UK Finance 4 August 3rd 07 07:00 PM
looking for private equity fund of fund [email protected] UK Finance 0 April 7th 07 05:47 PM
Anyone in this newsgroup give adavice about VAT and the VAT Act 1994? Dave {} UK Finance 18 February 21st 07 05:18 PM
VAT on electronic services - Verify place of use? Nick H UK Finance 6 January 5th 06 07:45 PM

All times are GMT. The time now is 12:46 AM.

Powered by vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright 2004-2019 Finance Banter.
The comments are property of their posters.

About Us

"It's about UK money and finances"


Copyright © 2017