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Tag Archives: UBI
The New Covid-19 Support Bill
The New Covid-19 assistance bill could add an additional 1.9 trillion dollars to support the fight against Covid-19. In discussing the 2 trillion dollar CARES Act last April I wrote that: “The idea is that as the government has requested/mandated … Continue reading
Posted in Debt, Money
Tagged CARES Act, covid-19, Larry Summers, Minimum wage, UBI, Universal Basic Income
3 Comments
Replacing Social Security with a Universal Basic Income
The idea of a Universal Basic Income (UBI) in place of existing entitlement programs (Social Security, Medicare, Medicaid, food stamps, unemployment insurance, etc.) that is financed by a flat rate income or consumption tax calls for a deeper discussion of … Continue reading
Posted in Economics, Healthcare, taxes
Tagged corporate income tax, Flat tax, food stamps, income tax, Medicaid, Medicare, social security, UBI, Universal Basic Income, welfare
8 Comments
Our Social Safety Net
Virtually every country provides assistance to their poorest citizens–to those who fall for one reason or another from normal employment. Approaches to fulfill this objective differ widely. The Federal safety net spending in in the United States in 2019 was … Continue reading
Posted in Healthcare, taxes
Tagged consumption tax, health insurance, income tax, Negative Income tax, social security, Socialism, UBI, Universal Basic Income, VAT
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