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Re: Hawaii just became the first US state to pass a bill supporting basic income  

By: Decomposed in POPE IV | Recommend this post (5)
Thu, 06 Jul 17 6:29 AM | 70 view(s)
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Msg. 28506 of 47202
(This msg. is a reply to 28503 by Zimbler0)

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Zimbler: 

re: "Just how does this half wit plan on paying for it?"

It would be paid for with corporate income taxes. That's the only way it could possibly work. 




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The above is a reply to the following message:
Hawaii just became the first US state to pass a bill supporting basic income
By: Zimbler0
in POPE IV
Thu, 06 Jul 17 6:08 AM
Msg. 28503 of 47202

Hawaii just became the first US state to pass a bill supporting basic income — here's the man behind it

https://www.yahoo.com/finance/news/hawaii-just-became-first-us-185000124.html

Hawaii made waves in June when it passed the first piece of legislation aimed at exploring a niche but growing form of wealth distribution.

The bill, HCR 89, directs the government "to convene a basic economic security working group," a request that can be seen as the first tangible step toward a US basic income program.

People who receive basic income get a fixed amount of money that they can use however they want.

Early research has shown that people typically don't spend this money on vices or vacations; instead, they use it to pay for things like home repairs, school expenses, and the costs of starting new businesses.

Few US politicians have mentioned or pursued policies related to basic income. But thanks to Chris Lee, the democratic representative who proposed Hawaii's measure, the state could become the first to run a government-sponsored basic income experiment on US soil.

>>>

Article does continue.

Just how does this half wit plan on paying for it?
Zim.


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