3 ms·
> $12k is the cited number that you see a lot in basic income discussions. That's just over the poverty level. That's not enough to live on "just over the pove
by tom_mellior 9y ago
> $12k is the cited number that you see a lot in basic income discussions. That's just over the poverty level. That's not enough to live on
"just over the poverty level" is pretty much the definition of "enough to live on". If it isn't, the poverty level is set wrong.
Anyway, according to https://en.wikipedia.org/wiki/Personal_income_in_the_United_States https://en.wikipedia.org/wiki/Personal_income_in_the_United_... 22.77% of the people in the US age 15+ (12.5 million persons) had an annual income of $12.5k or less.