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+--- Thread: Facebook co-founder wants to provide 90 million Americans with a $500 monthly stipend (/showthread.php?tid=1844)
Facebook co-founder wants to provide 90 million Americans with a $500 monthly stipend - dmcowen674 - 02-21-2018
Facebook co-founder wants to provide 90 million Americans with a $500 monthly stipend
2-20-2018
Chris Hughes, a co-founder of Facebook has a proposal to attack the problem of rising income inequality through a basic income, a system of wealth distribution in which people receive a standard salary just for being alive. And he wants to pay for it by raising taxes on the one percent.
Hughes wants to give every American making less than $50,000 a year a monthly stipend of $500. This would affect 90 million people across the country, according to Hughes.
RE: Facebook co-founder wants to provide 90 million Americans with a $500 monthly stipend - dmcowen674 - 02-21-2018
You know when you start seeing stuff like this the rich know they have screwed the system so bad.
This is a band-aid and not a cure.
RE: Facebook co-founder wants to provide 90 million Americans with a $500 monthly stipend - RolloTheGreat - 02-21-2018
(02-21-2018, 10:28 AM)dmcowen674 Wrote: You know when you start seeing stuff like this the rich know they have screwed the system so bad.
This is a band-aid and not a cure.
Or that FBco-founder wants some good PR. Alas, no $500 for me, even in my decrepit divorced state.