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The voting system essentially works like this.
Everyone is give a certain amount of tokens. They can
distribute the tokens to each party as they wish.
What this means is that every week, each party will get
that amount of tokens as income for their token banks.
What this means, is that instead
of voting yes or no, you
instead 'bid' yes or no. Winning bids will have the token
cost deducted.
This provides interesting dynamics in which you cannot
always vote yes to everything, or you may run out of
tokens. Instead you have to vote carefully based on your
"power budget"
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Annotation:
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`==` :~ Stands for equality test sign. Since in C `=` is an
assignment operator |
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Election coming up? Our new Token Mortgage allows you to borrow up to 10 times your annual allowance of tokens * |
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Want to take a chance on a deeply suspect fascist party? Proect your vote with our token hedge - 10 tokens a year, and we refund your losss if your candidate loses their deposit! |
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*subject to status, 575% apr, plus fees. |
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There's a variant of this Idea that may be posted elsewhere on this
site as an annotation, long ago, and which I've been thinking about
posting as its own Idea. Basically, think about the taxes you pay
each year. Now think about how the Congress takes the tax money
and supposedly constructs a Budget for spending it. Note that every
year, many items are always on the list of things that need to be
Budgeted. What if those regular items were included on a special
tax form? Each taxpayer would examine the amount of tax
personally paid for the year, and decide how much of it should be
devoted to the items on the special tax form (up to some max
percentage, say 75%, leaving the Congress to decide what to do
with the rest). The taxpayer could divvy up the amount any way
desired. Some will put most of their tax money into the Defense
Department, some will send most of their money to NASA, some will
send a big part of their money to the National Debt, and so on... |
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Trouble there, [vernon], is it relies on the naïve idea that income tax is the most important or biggest source of tax revenue. |
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On a crude level, you could peg Vernon's system it to corporation tax, which might encourage payment / discourage offshoring. |
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I have long been secreting a version of Vernon's idea, for the day when I have enough Facebook followers to start demanding tributes. I half suspect that the old annotation Vernon mentions was mine, but it is the type of good idea which would have made the rounds several times on HB. |
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