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Old 08-28-2016, 08:52 AM  
woj
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Join Date: Jul 2002
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Quote:
Originally Posted by Barry-xlovecam View Post
"The total GNP of the USA is $18 Trillion (2015 * world bank)" do you have a reading problem woj?

I changed it ... was off a decimal place ...
Still, I don't need the extra $10K and I don't want to pay for 5 people that want it. Rather simple -- no handouts.

It is feasible? So, prove it

The whole population gets the fucking basic income from fucking were?
New taxes or you print money and devalue the currency.

Or, we go to war and keep the assets of the countries whose people we liquidate (stupid idea).
there is nothing to prove... "per capita GDP in the US is in the $50K/year ballpark... so $10k/year in guaranteed income would be 20% of GDP"

so taxing 20% of the US output would pay for this guaranteed income... which clearly is at least in theory possible... combine that with the fact that substantial % of our taxes already go to social programs, if we were to get rid of them all and replace them with guaranteed income, only modest increase in taxes would be needed to make it happen...

I agree with you though that guaranteed income is a bad idea for many reasons, but math not adding up is not one of them...
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