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by efriese
4098 days ago
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>No, we wouldn't, because we don't do that.
Yes we do. What do you consider EIC to be? >Basic income avoids this utterly.
Not quite. If you give it to everyone the individual amount will be lower. $1k a month won't even make a dent. It would need to be closer to $3k a month to get close to the combined benefits people can get. That's around $900B a year. |
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EIC is the mother of "strings attached", you have to have a job in order to earn that money. Poor people don't have jobs and if they do they're afraid they'll lose them at a moment's notice.
>It would need to be closer to $3k a month to get close to the combined benefits people can get.
For $1k you can buy a house in the middle of nowhere and not work, anything more than that is just "luxury". I'm an adult living in a city (buying insanely priced food) and I don't spend much more than that (other than rent).