Basic Income Guarantee: Your Right to Economic Security by A. Sheahen

By A. Sheahen

A simple source of revenue warrantly (BIG) is the unconditional government-ensured be sure that all electorate can have sufficient source of revenue to fulfill their simple wishes with no paintings requirement. major questions comprise: Why should still we undertake an incredible? Can the U.S. find the money for it? Why do not the present welfare courses paintings? Why no longer warrantly every body a role? may a person paintings if his or her source of revenue have been assured? Has a huge ever been demonstrated? This publication solutions those questions and lots of extra in uncomplicated, easy-to-understand language.

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Sample text

15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 2 Source : OECD (Organization of Economic Cooperation and Development); 2007. 52 BASIC INCOME GUARANTEE 52. What Are the Benefits of Europe’s High Tax Rates? Most taxes are paid by the upper-income groups. In the United States, by contrast, many wealthy families pay tax at a lower rate than middle-income and low-income families. 1 In return for their taxes, Europeans also are receiving affordable child care, free or inexpensive university education, paid sick leave, paid parental leave, job training, ample vacations, affordable housing, senior care, efficient mass transportation, and more.

2 The German tax burden seems high.

Arul Menezes, Research Manager, Microsoft Research, Seattle. From United for a Fair Economy, No Deal is Best Outcome for American People, Press Release, November 21, 2011) 46. Should We Give Tax Cuts and Tax Credits to Businesses so They Will Create Jobs? Businesses don’t create jobs. In fact, the way our economy is structured, the incentive is for businesses to get rid of as many jobs as they can. It costs money to pay employees. So businesses want to trim down to the minimum number required to get the needed work done.

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