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<p style="float: right; margin: 0px 15px 10px 0px;"><!-- HEADER -->August 2018</p>
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<p style="float: right; width: 170px; border-top: solid; border-top-color: #f58520; border-top-width: 2px; background-color: #f8af68; text-align: left; font-family: Gotham, 'Helvetica Neue', Helvetica, Arial, 'sans-serif'; font-size: 11px; font-weight: bold; color: #4a4a4a; margin: 0px; padding: 20px 10px 20px 10px;"><span style="color: black; font-size: 14px;">Hugo A. De Hoffmann</span><br /><br /><span style="color: black;">Social analyst from a legal, commercial, industrial and service provider perspective.</span><br /><br /><span style="font-weight: lighter; font-style: italic;">Analista social con perspectiva legal, comercial, industrial y prestadora de servicios.</span></p>
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<td style="border-top: solid; border-top-color: #f4b052; border-top-width: 2px; border-bottom: solid; border-bottom-color: #f4b052; border-bottom-width: 2px; background-color: #fcdab1; width: 400px;">
<p style="font-family: Gotham, 'Helvetica Neue', Helvetica, Arial, 'sans-serif'; color: #000000; font-size: 10pt; text-align: justify; margin-right: 35px; margin-left: 20px; font-weight: bold;">Proposing, since 1998, the reduction over 60% of taxes, elimination of work taxes or social security cost and the redistribution of a basic income for those citizens with or without any form of income, including yourself. This project is aimed to eliminate the systematic and rising levels of poverty. Feasibility and benefits.</p>
<p style="font-family: Gotham, 'Helvetica Neue', Helvetica, Arial, 'sans-serif'; color: #4a4a4a; font-size: 10pt; text-align: justify; margin-right: 35px; margin-left: 20px; font-style: italic;">Desde 1998 propone la reducción de más del 60% de los impuestos, eliminación de las cargas sociales o seguridad social y la distribución de una asignación universal uniforme e igualitaria para personas con y sin ingresos, inclusive para usted. A fin de eliminar la pobreza estructural y creciente. Factibilidad y beneficios.</p>
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<h1 style="font-family: Arial, Helvetica, sans-serif; font-weight: bold; color: black; font-size: 1.5em; padding: 0px; margin: 30px auto 0px 50px;">Universal basic income: challenges to the Finnish model</h1>
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<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;"><br /> <b>*Original article published on argentinian newspaper, Infobae, on 17/05/2018. <a id="10851968" href="http://t.embluejet.com/CL.aspx?7e9f-R-vqtFGirVfprfodapdxjyEMhl3fuiih%3Aud8Uji-R-9d1h-R-https%3A%2F%2Fwww.infobae.com%2Fopinion%2F2018%2F05%2F17%2Fel-ingreso-basico-universal-desafios-frente-al-modelo-finlandes%2F?utm_source=emBlue&utm_medium=email&utm_campaign=Infopobreza&utm_content=Universal+basic+income--Universal+basic+income%3A+challenges+to+the+Finnish+model&utm_term=multiple--7--none--40-50--ENVIO+SIMPLE">https://www.infobae.com/opinion/2018/05/17/el-ingreso-basico-universal-desafios-frente-al-modelo-finlandes/</a></b><br /><br /><b>Finland's decision to cancel its program entitled "Basic income" is extraordinary. This demonstrates its capacity for change and reaction. The reaction of Finland is correct, because it did not reduce general taxes and did not eliminate the burdens on work and did not oblige to use that public aid for specific purposes and, in fact, it destined public funds for a statistical information of consumptions in order to know what a small number of unemployed people would spend money on.</b></p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">It was an expense without any specific obligation in a country that already provided health insurance, free education and generous subsidies.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">Basic consumption statistics are already known, including percentages by income, age or gender: food, health, housing, education, communication, transportation, public services, clothing, and leisure.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">But the greatest confusion is that it was not a universal assignment because it was destined to a fragment of the population (amplitude: two thousand people, segment: unemployed and ages: between 25 and 58 years) and, therefore, did not include the entire population without distinction of gender, age, economic capacity, social situation or geographical location.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">The universal assignment, the universal credit or other denominations is the inevitable consequence of state reforms on taxes and social security that lead to the unification of the different public aids.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">The discussion is broadened by the treatment of central issues such as the elimination of labor taxes and the significant reduction of all taxes. On the other hand, as a consequence of these lower resources, the necessary state efficiency in the technological distribution of taxes with social destiny is required.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">If work is important for people and society, it is being altered by imposing specific taxes on labour, since the pocket salary is not equal to the nominal salary. Social security in almost all countries receives more and more general taxes to cover cash deficits, but the benefits received are less and less.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">An approximate third of the taxes collected is destined to public administration, security, Justice, payment of debt and promotion of the economy, and the rest has a social destiny.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">Poverty and limitations to development in people with fewer resources still exist, despite the effort that is made with the thousands of programs, plans and actions that are implemented in the national, provincial, municipal and even companies and state entities.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">The reduction of taxes will impose a single efficient distribution system for all holders of identity documents, with one or two monthly accreditations to cover basic consumptions already established.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">State aid or social security is for the entire population, which will have the benefits of a very small banking accreditation for certain consumption and the immediate double personal effect of reducing taxes on personal income and the reduction in the price of acquisition of goods or services.</p>
<p style="color: black; margin: 30px 50px 20px 50px; line-height: 22px; font-weight: bold;">Let us hope that in the short term there will be a true universal assignment.</p>
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