Here’s the proposal: Government should provide a guaranteed income ($500 per month) to every adult who lives in a household making less than a set amount ($50,000 per year).
For most Americans, this would total $6,000 a year for a single individual and $12,000 for a married couple. A family of four making $38,000 a year would then be making $50,000 per year.
This guaranteed income, along with a number of variations, is the central theme of “Fair Shot: Rethinking Inequality and How We Earn” by Chris Hughes, one of the wunderkind of Facebook.The idea deserves consideration, Hughes writes. Implementing guaranteed […]
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