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comment by water
water  ·  3785 days ago  ·  link  ·    ·  parent  ·  post: $11,000 for Every Household: Could Guaranteed Income Work for America?

Can you show your work? :)

Because if you had a sliding scale like in the article, i.e. cap at x amount of dollars, every dollar earned after that x subtracts .50 cents from each dollar of guaranteed income.





am_Unition  ·  3785 days ago  ·  link  ·  

$25,000 x 300,000,000 = $7.5 trillion

Where is $11,000 per year a living wage??

So let's say you only had 1/3 of the country working below $25,000/year. Even with the sliding scale, that's just too much money.

And you think there won't be bureaucracy involved in distributing this money?

I like nowaypablo's ideas, as per usual.

Edit: Sorry to be a stickler... you can just say "50 cents", as ".50 cents" implies half a cent. ".50 dollars" is acceptable though. I'm an asshole when it comes to units... hah, you can quote me on that.