4 Comments

  1. Jeff Miller

    Negative income tax is a good idea that will get totally messed up because of politics.

    The problem becomes: what is an appropriate minimum income?

    You want it high enough that it covers all of the necessities but not so high that people will pick it as a lifestyle choice. If the minimum income is higher than a 40 hour work week at minimum wage, why would anyone flip burgers at McGrease?

    If you end up with a large portion of the population on the minimum income, you end up with a large voting block that can put upward pressure on the minimum income. When that happens, you will end up with increased taxes and more people on the minimum income until the system implodes.

    All democracies are doomed once the people learn they can vote themselves largess.

  2. SEO Beratung

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  3. Garage Storage Los Angeles

    I believe that the United States is also so very messed up with their welfare system and so many millions of Americans living below poverty level. I’m kinda like Jeff Miller (previous posted blog), If the minimum income is higher than a 40 hour work week at minimum wage, why would anyone flip burgers at McDonalds (in our case…).

    The problem is that there are so many people out there that are so dishonest and just want a free ride. Grant it there are also many individuals that WILL work for a living and ARE actually trying to ‘fin for themselves’ and make their life work out the right way by doing the right thing and working for a living.

    Maybe it’s a good idea… maybe not. It’s hard to say… but hey – Good luck with that in Canada…

    Tommy

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