Much of this is a smoke screen to enable the liberal left to further enslave low income voters/low information voters. It is simply welfare by a "nicer sounding" name. Progressives are all about changing/twisting the meaning of things once the old names have been worn out.
There actually could be some good in a guaranteed minimum income BUT only if it is implemented in a thoughtful way. I actually have some ideas on that AND I am not saying this is a perfect plan but I think it gets us pointed in the right direction.
a) Any minimum guaranteed income would need to be a replacement for all welfare. Period. Do this and that or do nothing. All state/local/Fed welfare programs end.
b) The minimum guaranteed income program is 100% voluntary. You can choose to sign up for it or NOT. Your choice. You get a free ID card when signing up.
c) This program is ONLY available to US citizens. Period.
d) If you sign up for the program, you are NOT eligible to vote in any / all elections between your date of signing up
e) Any / all minimum wage laws are eliminated / rescinded and no jurisdiction may enact any minimum wage laws.
d) Social Security is ended. No additional SSN funds are deducted from anyone. Individuals currently vested in SSN can elect to have either 1) all of their contributions returned, tax free, or 2) continue in the system at their current benefits level with those funds as tax free.
e) The minimum is set at what the poverty level was 4 years prior to the enactment of the law and is tied to the inflation rate.
f) One CAN sign-up for the minimum guaranteed income AND earn an income. Earned income is subject to income tax but the minimum guaranteed income is not. The "standard deduction" is the minimum guaranteed income or the standard deduction rate, which ever is greater.
I understand this is not prefect and I think there are some other tweaks that could be done to this but I think these general strokes are close to the mark. This plan would simplify the system, prevent recipients from gaming the system, prevent politicians from gaming the system, and limit the damage that such a program can cause.
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