Posts Tagged ‘income’

Asian Women Have Higher Median Income Than ‘Privileged’ White Men

We are told time and again how racist and sexist America is, and how minorities have such a hard time trying to get ahead, but is that really the case? Most companies simply look for the most talented people to fill roles, but are also incentivized (and required) to hire non-Whites as part of affirmative […]

Calls For Universal Basic Income Increase As Government Support Fails

Above photo: Via YouTube/The Matt Skidmore Show and YouTube/The Telegraph. Elected representatives across the UK have called on the government to prevent poverty by trialling Universal Basic Income (UBI). On 30 October, 520 MPs, councillors, peers, mayors and members of devolved assemblies, wrote to chancellor Rishi Sunak. They emphasised how current government support is leaving many families in poverty. […]

Communist California Charity Will Give ‘Guaranteed Income’ to Ex-Felons & Illegal Immigrants

Free gibs for anyone but law-abiding white citizens! Fox News: Hundreds of people living in the California city of Compton, including those out of prison and illegal immigrants, will be eligible to receive guaranteed income as part of a new pilot program over the next two years.  Compton Mayor Aja Brown announced Monday that The Compton Pledge, […]

The Deeper Side of Universal Basic Income That’s Not Often Discussed

The Facts: A 19 year old woman has filed a lawsuit against pharmaceutical giant Merck, alleging that the company misled the FDA, legislators, doctors and moms about the safety and efficacy of its Gardasil vaccine and caused her permanent injuries. Reflect On: According to the Vaccine Adverse Events Reporting System (VAERS), more than 64,000 reports […]

Germany Starts Universal Basic Income Trial Giving Some Citizens $1400 A Month For 3 Years

The Facts: A small trial in Germany is set to take place giving participants $1400 a month for three years. They will compare the lives of those who receive it, and the participants who don’t. Reflect On: Why is the concept of universal basic income rejected by the major political parties in most developed nations? […]

Germany Begins A Universal-Basic-Income Trial For Three Years

Starting this week, 120 Germans will receive a form of universal basic income every month for three years. The concept of universal basic income has gained traction in recent years, and Finland tested a form of it in 2017. Germany is about to become the latest country to trial a universal basic income, starting a […]

Why Everyone Should Have Multiple Streams of Income to Survive What’s Coming

By Patrice Lewis It’s among the most dreaded news imaginable: You’ve been laid off from your job. In the last few months, this scenario has played out for untold millions of people. Suddenly your financial security is gone, and everything you’ve worked for has been snatched away. When most people lose their jobs, they panic. […]

It’s Time To Build New, Mixed-Income Public Housing

It’s Time To Build New, Mixed-Income Public Housing Above Photo: ‘Albany Public Housing,’ by Paul Sableman via flickr, CC BY 2.0 Is today the time to fight for public housing in the United States? That’s the argument of “Social Housing in the United States,” a new report published by the People’s Policy Project, an independent think tank. […]

Universal Basic Income: Left or Right?

Universal Basic Income: Left or Right? Above Photo: By Generation Grundeinkommen | CC BY 2.0 Universal basic income, a regular unconditional cash payment to the whole population is increasingly being discussed in social, political, academic circles and among citizens in general. People are championing it from right and left. But, if it’s being pushed from both […]

Finland Ends Its Experiment with Universal Basic Income

April 27, 2018 By Daniel J. Mitchell I’m conflicted. I’ve repeatedly expressed skepticism about the idea of governments providing a “basic income” because I fear the work ethic will (further) erode if people automatically receive a substantial chunk of money. Moreover, I also fear that a basic income will lead to an ever-expanding burden […]

A 2% Financial Wealth Tax Could Provide a $12,000 Annual Income to Every American Household

March 23rd, 2018 By Paul Buchheit Guest writer for Wake Up World It’s not hard to envision the benefits in work opportunities, stress reduction, child care, entrepreneurial activity, and artistic pursuits for American households with an extra $1,000 per month. It’s also very easy to justify a financial wealth tax, given that the dramatic stock […]

Amazon makes $5.6 billion in US profits last year but paid nothing in federal income taxes

Jeff Bezos’ sprawling e-commerce giant Amazon reportedly raked in more than $5.6 billion in U.S. profits in 2017, but despite that, the company essentially paid $0 in federal income taxes. That’s largely attributable to “excess stock-based compensation deductions” and the effect of the 2017 Tax Act, according to the company’s […]

Stockton Gets Ready to Experiment With Universal Basic Income

Stockton Gets Ready to Experiment With Universal Basic Income January 29th, 2018 Via: KQED: Wage stagnation. Rising housing prices. Loss of middle-class jobs. The looming threat of automation. These are some of the problems facing Stockton and its residents, but the city’s mayor, Michael […]

Stockton, CA, attempts Universal Basic Income experiment after bankruptcy, overspending and decades of failed diversification

     Wage stagnation. Rising housing prices. Loss of middle-class jobs. The looming threat of automation. These are some of the problems facing Stockton and its residents, but the city’s mayor, Michael Tubbs, says his city is far from unique. Stockton is one of many Bay Area cities on the fringe of the wealth accumulating in […]

Scotland Bringing Basic Income to Life

Scotland Bringing Basic Income to Life UNIVERSAL BASIC INCOME LANDS IN SCOTLAND People living in the Scottish cities of Glasgow, Edinburgh, Fife, and North Ayrshire may soon receive an unconditional monthly sum as part of a series of universal basic income pilots currently being explored with support from the local government. Although still in its infancy and […]

Income Of World’s Top .001% Skyrockets By 636%: Report

Income Of World’s Top .001% Skyrockets By 636%: Report Above Photo: Average annual income for the bottom 50 percent of earners has stayed constant at US$16,000 over the last four decades. | Photo: Reuters The report, which highlights the growing gulf between haves and have-nots, was compiled by five economists, including scholars Emmanuel Saez and Thomas […]

A Radical Critique of Universal Basic Income

By Charles Hugh Smith This critique reveals the unintended consequences of UBI. Readers have been asking me what I thought of Universal Basic Income (UBI) as the solution to the systemic problem of jobs being replaced by automation. To answer this question, I realized I had to start by taking a fresh look […]

Study Finds Link Between Income Inequality, Consumerism and Size of Carbon Footprint

As the rich get ever richer — courtesy, in countries like the United States, of corporate-friendly deregulation and tax “reform” — does the planet get ever warmer and dirtier? New research suggests economic balance is linked to environmentally-friendly practices. Countries with lower rates of economic disparity have citizens who enjoy a better quality of life […]

How this couple earns a six figure annual income with 1.5 acres of land

(Natural News) Can small-scale farming in the modern age really generate enough income for the average family to make an honest living? For Jean-Martin Fortier and his wife, Maude-Hélène Desroches, it does. The Canadian couple grows beets, broccoli, salad greens, carrots, and various other types of produce on their modest 1.5 acres of land, from […]

National Low Income Housing Coalition On Tax Proposal

Above photo: From Public Source. WASHINGTON, D.C.-  The tax reform legislation proposed by House Republican leaders takes a historic step in directly revising the mortgage interest deduction (MID), a $70 billion annual tax expenditure that primarily benefits higher income households—including the top 1% of earners in the country. The Republican tax proposal makes sensible reforms in […]

Observations on Wealth-Income Inequality (from Federal Reserve Reports)

There’s a profound difference between assets that produce no income and those that produce net income. To those of us nutty enough to pore over dozens of pages of data on wealth and income in the U.S., the Federal Reserve’s quarterly Z.1 reports and annual Survey of Consumer Finances (SCF) are treasure […]

Brazil Considers Plan to Feed Low-Income Children “Human Pet Food”

SÃO PAULO – A new, controversial plan to feed low-income children and adults in São Paulo with powder pellets made from nearly expired food has drawn the ire of critics, who have called the product “human pet food.” The plan was first announced last Wednesday by , the “Donald Trump of Brazil” and mayor of […]

Universal Basic Income: Visionary or Wishful Thinking?

By Susan Boskey Universal Basic Income, also known as UBI, social credit and Basic Income Guarantee, is not a new concept. However, it is being looked at newly by the State of Hawaii as a solution to how AI (artificial intelligence) is likely to take over many of their jobs. Having lived in […]

Poverty in America: Growing Income Inequality, Shrinking Middle Class, Declining Manufacturing Pay

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New Tiny Home Community In Detroit Offers Housing To Low Income Citizens

Next Story The demand for tiny homes is on the rise across the nation as more and more people, especially millennials, are opting out of the traditional and increasingly out-of-reach American Dream of owning a large home and lot. Tiny homes offer an affordable solution to home ownership, and with the potential to live debt-free that […]

Media Coverage Of Disasters Still Has Blind Spot For Low-Income Victims

Days after Hurricane Katrina struck New Orleans in August 2005, the national news media expressed collective alarm at the discovery that in modern America, many people shelter in place during storms for the simple reason that they can’t afford to get out (Extra!, 7–8/06). As CNN commentator Jack Cafferty (9/1/05) said, in the wake of scenes of poor New Orleanians […]

Finland Tests Guaranteed Basic Income

Participants receive €560 (£473) every month for two years and do not have to demonstrate that they are actively seeking work Finland has been giving 2,000 of its citizens an unconditional income for the last five months and some are already seeing the benefits, reporting decreased stress, greater incentives to find work and more time to pursue […]

‘Democracy Vouchers’ Amplify Low-Income Voices

Above photo: Four vouchers supplied by the city of Seattle. Photograph: City of Seattle Experiment comes at a time of seemingly new possibilities for election financing after Bernie Sanders demonstrated that small donors can float a campaign. If money amplifies the voices of wealthy Americans in politics, Seattle is trying something that aims to give low-income and middle-class […]

Bankrupt Illinois Slams Citizens With 32% Income Tax Hike, More to Come

This article by by WARNER TODD HUSTON was originally published at breitbart.com. As the state of Illinois edges near becoming the first U.S. state to ever be rated junk bond status, the Democrat-controlled legislature of the bankrupt state of Illinois has just voted to slam its citizens with a hefty 32 percent hike in state income taxes. After […]

Making Employee-Owned Enterprises Part Of The Income Inequality Solution

Above Photo: Mike Alewitz Source Article from https://popularresistance.org/making-employee-owned-enterprises-part-of-the-income-inequality-solution/ 00 Hits: 0

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