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Old 03-28-2014, 06:21 PM
 
6,940 posts, read 9,679,931 times
Reputation: 3153

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Quote:
Originally Posted by nep321 View Post
Nice....yeah. I think conservatives should also support it. It's good for everyone. But conservatives don't like things that result in goodness for everyone, because they believe in social Darwinism.

Fortunately, states like North Carolina and Texas will soon become solid blue states.
You would be surprised to know that the most prolific economists on the right were in favor of the negative income tax. Hayek, Friedman, Walter Williams. Hell, even the social scientist, Charles Murray, proposes this. It's not BI as it's conditional and requires income. BI is unconditional. There's no means test involved. However, both are similar in nature.
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Old 03-28-2014, 06:21 PM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
We just did this.

//www.city-data.com/forum/polit...ic-income.html
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Old 03-28-2014, 06:23 PM
 
6,940 posts, read 9,679,931 times
Reputation: 3153
Quote:
Originally Posted by FlightAttendant View Post
What a totally idiotic idea. Just who is going to supply the funds for this little venture?

I just love how some people seem to think that there is an endless supply of cash to support everyone who does not contribute adequately. Socialism....a bad idea from the get-go.
It's not socialism. If anything, it's capitalism on steroids since it gives more opportunities for market purchases. Calling it socialism is like calling full employment socialism.
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Old 03-28-2014, 06:24 PM
 
Location: The Woods
18,358 posts, read 26,495,840 times
Reputation: 11351
It could work. Money is just paper and ink, the feds have no problem printing billions and billions of it to hand over to big banks.
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Old 03-28-2014, 06:25 PM
 
6,940 posts, read 9,679,931 times
Reputation: 3153
Quote:
Originally Posted by arctichomesteader View Post
It could work. Money is just paper and ink, the feds have no problem printing billions and billions of it to hand over to big banks.
Exactly

And if you're worried about inflation, you could tax.
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Old 03-28-2014, 07:46 PM
 
Location: Billings, MT
9,884 posts, read 10,975,748 times
Reputation: 14180
I said it before, and I'll say it again:
I am all for it!
Send my wife and I EACH a check for $3000 every month, and I will gladly forego my military retirement and Social Security checks.
My wife will gladly quit her job, which would give somebody else a job. We will sell our house, which could possibly get a homeless family off the street.
We will sell all our excess "stuff", or possibly give it to a thrift store, further helping the poor and disabled.
Then we will hit the road in an RV, making contributions to the economy all over the West (sorry, we will NOT go East of the "big River"!)
Oh, come to think of it, I will want a minimum COLA* of 5% per year, and the BLS** should be tax-free.
Now, will you people please hurry up and make this law? I may not have many years left to enjoy it, and I want as much of the "Gravy Train" as I can get!
If yer gonna DREAM, ya might as well dream BIG!

*COLA; cost Of Living Allowance
**BLS; Basic Living Stipend
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Old 03-28-2014, 07:52 PM
 
34,279 posts, read 19,371,187 times
Reputation: 17261
No one is suggesting sending you and your wife $3,000 per month-especially not each. The numbers generally suggested range from $1,000 to $1,500, with $1,000 being the most common. And adjusted to inflation.

Now I don't know about you folks, but $2-3K for me and my wife doesn't represent a ton of money. I'd still be working.
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Old 03-28-2014, 07:57 PM
 
Location: Los Angeles County, CA
29,094 posts, read 26,008,825 times
Reputation: 6128
Who is going to pay for this "basic income"?
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Old 03-28-2014, 07:59 PM
 
Location: Los Angeles County, CA
29,094 posts, read 26,008,825 times
Reputation: 6128
Quote:
Originally Posted by pknopp View Post
Socialists always think that they are on the cutting edge of political thought.

They think that their nutty ideas should be repeated again and again.

Apparently it is because their "brilliant" message just didn't get through the thick skulls of the masses, not that their "solutions" simply are completely bereft of merit.
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Old 03-28-2014, 08:01 PM
 
26,497 posts, read 15,074,947 times
Reputation: 14644
Much of federal welfare is spent on bureaucracy including tens of millions of dollars on advertising for the benefits. If we cut all federal welfare (keeping social security) - you could roughly afford to have the IRS/SS give out that welfare in the form of $275 monthly checks to every man, woman, and child. So a family of 4 would get $1,100 a month.

This wouldn't cost a penny more and would arguably be more efficient than the current graft system.
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