GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Would you support a GUARANTEED BASIC INCOME for all Americans?

Rochard · 11-19-2013, 05:30 PM

Quote:

Originally Posted by kane

The idea is that many people who are milking the system are getting more than $22K each year. Also, it would pay out even when you started working so you could earn more and in theory give you an incentive to work even more.

Here is the breakdown I found of one suggested way it could be paid out.

Personal Income Total Income Taxpayer Cost
0 22,000 22,000
5,000 24,500 19,500
10,000 27,000 17,000
15,000 29,500 14,500
22,000 33,000 11,000
30,000 37,000 7,000
40,000 42,000 2,000
44,000 44,000 0

My chart is all messed up so it is a little hard to read.

This way if you got a job working full time for minimum wage you would make around $15K per year before taxes. This system, instead of also giving you food stamps, child care help, housing help and other benefits would just give you another $14.5K so you would have an income level that allowed you to live better and it would cost the government less.

But there is no incentive to do better. People will just coast on $22k a year.

My friend does this, which is why he is no longer my friend. He has a serious medical condition but it hasn't affected him in fifteen years. There is no reason why he can't work, but why bother - He makes $30k a year and that's barely enough for him to live off of. But there is no inncentive for him to get a job and make money because he's getting by and doesn't have to work.

Might be cheaper for us, but it will create an entire class of people who said "Fuck it, I don't want to work and I don't have to".