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View Poll Results: If you had a guarenteed income of $1,500 a month you would....
Yes I would keep working 86 64.18%
I would quit and live off 1500 a month 10 7.46%
I would quit to start my own business 12 8.96%
I would work part time-maybe 20 hours a week 11 8.21%
None of these choices would match my behavior 15 11.19%
Voters: 134. You may not vote on this poll

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Old 12-06-2013, 05:26 PM
 
Location: Atlanta, Ga
1,863 posts, read 1,817,416 times
Reputation: 1344

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I couldn't imagine not working. I wouldn't bother working more than 40 hours a week and might be more insistant on when I'm off, but otherwise yeah, I'd still work. What else am I gonna do with my time?
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Old 12-06-2013, 05:28 PM
 
Location: Utica, NY
1,913 posts, read 2,434,699 times
Reputation: 3188
I would probably work part time or volunteer (or both).
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Old 12-06-2013, 05:30 PM
 
10,875 posts, read 6,585,654 times
Reputation: 6161
The taxes it would take to guarantee all you deadbeats $1500 per month would make working not worth it.

The scheme would end within 6 months.
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Old 12-06-2013, 05:31 PM
 
5,915 posts, read 4,015,043 times
Reputation: 1396
Of course I would still work but I would most likely make $1500 less. Money doesn't grow on trees, you know.
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Old 12-06-2013, 05:42 PM
 
25,060 posts, read 22,136,036 times
Reputation: 11578
Quote:
Originally Posted by Goinback2011 View Post
The taxes it would take to guarantee all you deadbeats $1500 per month would make working not worth it.

The scheme would end within 6 months.
Here comes Negative Nancy again.
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Old 12-06-2013, 05:44 PM
 
Location: Bay Area, CA
28,225 posts, read 43,497,100 times
Reputation: 18674
I couldn't even pay rent with $1500/mo, so I'd have no choice but to keep working!

And by "guaranteed income," I'm guessing you mean from something other than work? I was on unemployment for a few months back in 2010, and received the maximum of $1900/mo... it was nice for a few weeks, but got pretty boring and depressing after that. Plus, that kind of money doesn't go very far in this area.
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Old 12-06-2013, 05:47 PM
 
24,956 posts, read 11,638,926 times
Reputation: 11664
Quote:
Originally Posted by Goinback2011 View Post
The taxes it would take to guarantee all you deadbeats $1500 per month would make working not worth it.

The scheme would end within 6 months.
You really dont understand it do you?

Sooo go ahead, quit and BE A DEADBEAT. The rest of us-and in fact the majority of us wouldn't. And...many of the current deadbeats would start working.

What does that make you? Yeah. PS-enjoy making $1,500 a month. In the meantime, people making minimum wage will take home about 2,300 a month.

The taxes it would take, I've seen varying estimates. At a guess....we would have to have to double the tax rate. The effect-well for 70% they would make the same or more after the tax and then adding the guarenteed income.... For another 20% it would be a mild loss, and for 10% it would be a bit more painful.

More interesting is that for EVERYONE but the completely unemployed, it would suddenly matter about how we spend taxes.
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Old 12-06-2013, 05:51 PM
 
10,875 posts, read 6,585,654 times
Reputation: 6161
Do you think Obama is as stupid as the leftists here on this forum?
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Old 12-06-2013, 06:06 PM
 
Location: Bay Area, CA
28,225 posts, read 43,497,100 times
Reputation: 18674
Quote:
Originally Posted by greywar View Post
Dude....move. Seriously thats some crazy rent.
I was thinking their rent is quite reasonable, even cheap - considering I pay about $1610/mo for a one-bedroom apartment! But as the old saying goes, you get what you pay for (or the other old saying, it's expensive for a reason). So I'm not looking to move, since most of the cheap places around the US couldn't hold a candle to the Bay Area IMO.

Not to mention, my salary is about 30-40% higher here than it would be (for the same job) elsewhere.

Quote:
Originally Posted by ntwrkguy1 View Post
Apparently you've never rented in SF or NYC. $1500 would be a deal.
Haha, exactly my thoughts. My rent might seem crazy to an "outsider," but around here it's considered a great deal!
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Old 12-06-2013, 06:47 PM
 
Location: Poshawa, Ontario
2,986 posts, read 3,160,121 times
Reputation: 5622
$1500 a month? I make more than that now and it isn't enough. Hell, I'd keep working even if I won a cool million in a lottery jackpot. I'd have to!
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