With regards to the other reminder I would also like to remind people that there's a whole lot more going on in an economy than income which needs to/could be taxed.

First I'd like to leave a comment about the flat tax debate, which most seem to think of as a flat income tax. When in fact, what a flat tax is widely depends on who you ask. You might want to read up on at least the major categories of what a flat tax is.

Now that that's covered.

Lets move on to some other tax alternatives that are very rarely mention in this sub nowadays but is in the Wiki (although not very complete or well structured).

Some other forms of taxes that can be used are:

• Corporate tax

• Consumption tax

• High frequency trading tax

• Carbon tax

• Inheritance tax

• Value-added tax (VAT)

• Wealth tax

These are just a few of the taxation methods avaliable to fund a basic income.

It would get too messy to start talking about savings done once basic income is implemented that additionally would make this less costly, but I'm sure that you remember what savings are possible so there's no need for that.

So, please don't forget that income tax is far from the only tax available from the list of different taxes.