»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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