Rather than savage cuts, Switzerland considers “Star Trek” economics
I still have no understanding on how this sort of thing would be paid for. Presumably, it's via some form of income, consumption, and corporation taxes. However, the marginal income tax rate would have to be <i>huge</i> (as you need to recover the entire amount paid to the earner in "basic income" before you get a cent to spend on someone else), the consumption taxes would negate the value of the basic income, and punitive corporation taxes would just ensure no-one actually sets up a company there.<p>Until we have Star Trek style technology for these free ham sandwiches, I don't see how Star Trek style economics will actually work.