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I would work. $1500 a month is maybe enough to exist, but there is more to life than just existing. I love to travel and buy quality things. Hell my lap top cost $1400 4 years ago.
It is sad that some would be happy to sit at home and exist on $1500 out of the tax payers pocket rather than work and earn it themselves.
Very interesting poll. Nearly 4 out of 25 people, if CD is a good estimate, would be happy to mooch off fellow Americans by taking money from taxpayers to pay at least a portion of their living expenses, if given the chance.
That wasn't the question. The question was if you had a guaranteed income. it doesn't say where it comes from.
I would definitely keep working. This would make things more comfortable and help me knock out some debt a lot faster but I would want to do something. I would probably swap up jobs and start over in a different field that I actually like.
Its interesting, you view it as 6 trillion in taxes that POOF disappear. When in reality it is handed right back.
To someone else, who did not earn it.
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So lets take me, I make approx 100K/yr. lets say my taxes went to 50% effective. OK ouch. I just lost another 25K or so.....but...
I gain back 18K for me, 18k for my wife, 18K for the adult kid living with me. so I gained 54K
Whoa.
And you need the government to manage this money for you, for what reason?
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the guy making 20K at a job? Do you think he would stop working? Why do you think the first 20K would have a 75% tax rate?
How else do you raise the revenue?
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Also you ignore the savings from not having to have a unemployment department, welfare dept, etc etc etc.
Have government 'savings' ever happened? Of course not. Stop promoting "unicorns and rainbows" economics.
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Basically you took the lazy route to try and argue against something, without even thinking.
LOL!
You read this somewhere and when asked to defend the absurdities, refer to the original author. The person who just accepted what they were told without any critical thought was... YOU.
I'm working towards have a passive income of about ten times that amount in the next ten years. Not including SS that hopefully will still be around when I finally decide to hang it up in a few more decades get my money back out of the that ponzi scheme.
Been working towards this since I was 16 when I started socking money away after reading about passive income strategies through investing.
And you need the government to manage this money for you, for what reason?
How else do you raise the revenue?
Have government 'savings' ever happened? Of course not. Stop promoting "unicorns and rainbows" economics.
LOL!
You read this somewhere and when asked to defend the absurdities, refer to the original author. The person who just accepted what they were told without any critical thought was... YOU.
LOL, so you dug this up from when I posted it in....2013....to come by and say I was the one not using original thought? OK thats funny. And you dont even bother to look at the poll results do you?
Location: Just transplanted to FL from the N GA mountains
3,997 posts, read 4,140,525 times
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Originally Posted by Bulldogdad
I'm working towards have a passive income of about ten times that amount in the next ten years. Not including SS that hopefully will still be around when I finally decide to hang it up in a few more decades get my money back out of the that ponzi scheme.
Been working towards this since I was 16 when I started socking money away after reading about passive income strategies through investing.
Us too... Between hopefully SS, and the pension that hubby is 100% fully vested in, he just switched jobs and should be vested in a 2nd by the time he retires. I'm going back to work again to build up my SS. I'm not going to spend my Golden years wondering where the money is going to come from. I plan on enjoying those years. We earned them!
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