How Britain could tax Apple and Facebook more to give everyone up to £10,000 in universal basic income and counter the risk of job losses to robots

How Britain could tax Apple and Facebook more to give everyone up to £10,000 in universal basic income and counter the risk of job losses to robots

Britain could impose higher taxes on tech giants like Apple, Facebook and Amazon to give everyone under the age of 55 £10,000 as a ‘universal basic income’.

The Royal Society of Arts (RSA) is proposing the Government dish out two £5,000 payments within a decade to give people a better chance of keeping their jobs at a time when robots are taking over.

Anyone within the age bracket could apply for the money to help with the costs of education, training, social care, or starting a new business.Applicants would forfeit the right to benefits like job seekers’ allowance and tax credits […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.