If everything other than that income was taxed at the same rate, and all other poverty programs were ended, and the money was given directly to the citizens with little to no overhead... this would not only be a good way to save money... it would also be a good way to encourage people to work by removing the fear of losing the benefits.
The hand-wringers who wonder about those unable to budget their money could be taken care of by distributing the money electronically on a daily basis. Have a federal program to help make mortguage/rent payments on a daily basis and everyone is now covered with the basic needs.
The problem with this... is actually that the left would never stand for a system that removed that much government power and encouraged capitalism.
“The hand-wringers who wonder about those unable to budget their money could be taken care of by distributing the money electronically on a daily basis. Have a federal program to help make mortguage/rent payments on a daily basis and everyone is now covered with the basic needs.”
Ah, so next after giving them $30,000 cash no strings attached, the gov’t has to dole it out in $82/day increments so they don’t blow their rent etc money. Then the gov’t has to pay those expenses directly to make sure those bills get paid.
Good night, how much freebies and hand holding and pampering do these people need before they can start acting like adults and taking care of themselves? I know a very few truly need help but this is getting stupid.