Getty Images and AARP present the Disrupt Aging Collection, a searchable photo collection that redefines what it means to get older. Take a look.

Reply
Treasured Social Butterfly
1
Kudos
124
Views

Re: Guaranteed Basic Income Experiment Beginning This Year

124 Views
Message 1 of 5

Alaska has been sending checks to its citizens for oil profits for a couple of decades. Same effect if a different funding source. We could see how they are doing. 

Report Inappropriate Content
1
Kudos
124
Views
Treasured Social Butterfly
0
Kudos
126
Views

Re: Guaranteed Basic Income Experiment Beginning This Year

126 Views
Message 2 of 5

@GailL1 wrote:

@MIseker wrote:
EITC was intended to do that for the working poor. It was poorly implemented and ill explained.

I have always thought of the EITC as a way for lower income working folks to get back some of the tax money which was taken from their paycheck like payroll taxes.

 

Stockton is still working on the criteria for eligibility for the guaranteed basic income but most likely working won't be part of the criteria.


I read the link, nd while not clear HOW MUCH working ages would be a factor, suplimenting workers wages is certainly part of it. 

 

eitc origianally would basically give a return that matched your income up to 8k. ..the more you made the more 1000's you got back. But, the flaw was an exect cut off at 8k. someone with 8k income did better in a years that someone that made 10 k. If i remember right.

 

So it begins.
Report Inappropriate Content
0
Kudos
126
Views
Valued Social Butterfly
1
Kudos
131
Views

Re: Guaranteed Basic Income Experiment Beginning This Year

131 Views
Message 3 of 5

@MIseker wrote:
EITC was intended to do that for the working poor. It was poorly implemented and ill explained.

I have always thought of the EITC as a way for lower income working folks to get back some of the tax money which was taken from their paycheck like payroll taxes.

 

Stockton is still working on the criteria for eligibility for the guaranteed basic income but most likely working won't be part of the criteria.

* * * * It's Always Something . . . Roseanne Roseannadanna
Report Inappropriate Content
1
Kudos
131
Views
Highlighted
Treasured Social Butterfly
0
Kudos
137
Views

Re: Guaranteed Basic Income Experiment Beginning This Year

137 Views
Message 4 of 5
EITC was intended to do that for the working poor. It was poorly implemented and ill explained.
So it begins.
Report Inappropriate Content
0
Kudos
137
Views
Valued Social Butterfly
0
Kudos
144
Views
4
Replies

Guaranteed Basic Income Experiment Beginning This Year

144 Views
Message 5 of 5

For lack of a better term, they seem to be calling it "a guaranteed basic Income."

 

Guess this will be interesting to watch and keep up with the results - positive or negative.

 

NPR 01/29/2018 - Stockton, CA Experiments With Guaranteed Basic Income

 

Money Is coming from a Grant from the Economic Security Project.

 

* * * * It's Always Something . . . Roseanne Roseannadanna
Report Inappropriate Content
0
Kudos
144
Views
4
Replies
cancel
Showing results for 
Search instead for 
Did you mean: 
Users
Announcements

Are you new to the online community? Say Hi and tell us a bit about yourself, your interests, and how we can help make this community a great experience for you!


close-up group of seniors smiling at camera

Top Authors