Thursday, August 16, 2012

Advantage 25 – Freedom from tax and social security contributions

Excerpt from the book »Gradido – Natural Economy of Life«

»You have to be a philosopher to be able to file an income tax return. It is too difficult for a mathematician.«
– Albert Einstein
German mathematician and physicist

The national budget plus health and social services is funded from the second amount of money created. No taxes, compulsory insurances or social security contributions are necessary. The national income per capita is roughly as high as it currently is in Germany. A great deal of expenditure is no longer necessary:

       A debt-free state has no costs for either interest or repayment of debt
       Unconditional participation means that work is done that would otherwise be at the expense of the national budget
       Many social security contributions are no longer necessary because of the basic income.

Without the need to impose taxes we have a generous national budget with health and social services and with considerably lower expenditure. The surpluses can be used for the »nice things of life«, which further enhances people’s quality of life.

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