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I think the idea is that you raise taxes such that the middle class sees no difference, the rich pay more in taxes, and the poor receive more money. Alternativ
by MrZongle2 9y ago
I think the idea is that you raise taxes such that the middle class sees no difference, the rich pay more in taxes, and the poor receive more money.
Alternatively, the rich employ lobbyists and financial experts to ensure they don't personally pay any more than they do now, the middle class ultimately bears the burden due to the load offset by the rich, and waste/fraud/abuse results in the poor being no better off.
If I were a betting man, I'd wager on the second scenario.
- _jal 9y agoThat has been the stable state of the US since, roughly, 1980. This is one effort to counter that trend.
- vostok 9y agoIf you make median income then the above math means that this program has no effect on you. It doesn't matter what the rich do or don't do or what waste is involved in the program. I would bet that (a) the rich already lobby to pay the lowest amount in taxes so having BI or not having BI doesn't affect that and (b) BI would have much less waste/fraud than current programs.
- MrZongle2 9y agoI like the idea of BI. But I keep in mind that the same lobbyist-infested group of people who would be responsible for putting it into law are the same clowns who have run roughshod over the healthcare and financial industries.