The biggest obstacle to Basic Income is figuring out where the money would come from. Even modest Basic-Income schemes in nations like China, India, and the United States would cost trillions of dollars.
A possible solution would be a tax on the data generated, collected, and used by companies like Alphabet (NASDAQ: GOOG) , Facebook (NASDAQ: FB) , Microsoft (NASDAQ: MSFT) , Oracle (NYSE: ORC) , Airbnb, Didi, Blablacar , Lyft, Uber , PayPal (NASDAQ: PYPL) , Verizon (NYSE: VZ) , Visa (NYSE: V) , MasterCard (NYSE: MA) , Palantir, Amazon (NASDAQ: AMZN) , Ant Financial, and Tencent Holdings (OTC: […]
Full Post at marketmadhouse.com