Tag Archives: poverty

Fixing America (4): A Wrap-Up of Basic Income and Wealth Tax

A wealth tax coupled with a basic income program would ensure that the poor, many of whom are now homeless and/or drowning in debt, would get their heads above water while the brunt of the tax burden would be carried by the rich, who can afford it. It would quickly bridge the ugly chasm between America’s super rich and super poor. This is probably the most rational and just solution to America’s current economic crisis: A basic income program funded by a wealth tax…. Continue reading

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