4 ms·
Let us not forget the implied inverse of this title; Stockton, California to take $500 a month of income from some residents.
by dmfdmf 8y ago
Let us not forget the implied inverse of this title;
Stockton, California to take $500 a month of income from some residents.
- meritt 8y agoWhat? That's factually incorrect.
- dmfdmf 8y agoPlease explain. Where does Stockton get $500 to give to a resident other than taking it from someone else?
- meritt 8y agoThrough $1.2M in philanthropic funding primarily led by a Facebook co-founder, Chris Hughes [1]. It is not funded whatsoever through taxation. [1] https://economicsecurityproject.org/ https://economicsecurityproject.org/
- dmfdmf 8y agoAnd when the govt wants to expand the program beyond the voluntary largess of billionaires where does that money come from? Moreover, a more honest title would say "Chris Hughes, Facebook co-founder, to give $500 a month charity stipend to residence of Stockton, California." Whatever the source it is not income, basic or otherwise.
- deleted 8y ago[deleted]
- pnloyd 8y agoUm I'm pretty sure the practical and legal definition of income is simply money received. Why would a stipend not count as income?
- dmfdmf 8y agoI would argue that ignoring or evading the distinction between earning your money and it being handed to you or just taking it from someone is the height of the impractical. > Why would a stipend not count as income? For the purposes of the IRS perhaps it does count as "taxable income" per the IRS code but that is not what we are talking about here. There are only three possible cases regarding money you receive; you earn it through voluntary trade of goods or services with others, you take money from others without their consent, i.e. theft or you receive a voluntary gift from others for reasons and standards determined by the giver, i.e. charity. That is it. UBI tries to obfuscate these important moral distinctions.
- pkaye 8y agoHow about you read the article?