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Economic Activism and Progressive Living

kelly1mm

(5,639 posts)

10. $200,000 plus (per person) is less than 2 milion people. That changes it to needing 8.6 Trillion

Reply to Vincardog (Reply #9)

Wed Dec 10, 2014, 06:52 PM

Dec 2014

total per year and your tax rate on all imports can go down to 310%.

bottom line is that $3000 per month is WAY too much. Most Basic Income schemes put the GIG at about 10k per person.

That and you need to expand your tax sources.

There is lots of literature on BIG on the net. You are not the first to think of this.

Good thoughts though - eventually we will need to do something.......

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Please follow this link to vote for my Guaranteed Minimum income proposal for the The Big Ideas Proje [View all] Vincardog Dec 2014 OP

Did you include the source of the funding? upaloopa Dec 2014 #1

Import taffifs on goods from low wage countries. Unfortunately, if a serious proposal, kelly1mm Dec 2014 #2

Another problem is selling the idea to people upaloopa Dec 2014 #3

IF they don't need or want it they can contribute it to ASPCA Vincardog Dec 2014 #4

how do you define millionaire? Anyone who declared $1 Million income last year Vincardog Dec 2014 #5

I assume per person in a joint return? If so, you are taliking about less than 300,000 people kelly1mm Dec 2014 #6

OK Americans age 18 + Vincardog Dec 2014 #7

76% of US population is over 18. So, we went from 11.5 Trillion to almost 9 Trillion kelly1mm Dec 2014 #8

OK 18+ and last years income < $200,000 Vincardog Dec 2014 #9

$200,000 plus (per person) is less than 2 milion people. That changes it to needing 8.6 Trillion kelly1mm Dec 2014 #10

So did you click the link and vote to discuss it? OR is an internet vote too expensive? Vincardog Dec 2014 #11

Of course I clicked the link. That is how I found out your funding source and amount. No kelly1mm Dec 2014 #13

This message was self-deleted by its author kelly1mm Dec 2014 #12