Why universal basic income is gaining support, critics or The destruction of our Republic
It's back again...
"He figures the plan would cost about $1.75 trillion a year. Ending welfare programs would save about a third of that. Another third could come from ending the tax deduction for mortgage interest and other write-offs. The remaining third could come from new sources such as a tax on carbon emissions or financial transactions."
1/3 through "ending welfare programs" - will never happen but okay...
1/3 through "ending the tax deduction for mortgage interest and other write-offs" - So they are going to take my mortgage interest deduction away and give it to someone else.
1/3 through more taxes - robbing Peter to pay Paul again
Also, this is paper napkin figures, government will double the cost with half the production.
"He figures the plan would cost about $1.75 trillion a year. Ending welfare programs would save about a third of that. Another third could come from ending the tax deduction for mortgage interest and other write-offs. The remaining third could come from new sources such as a tax on carbon emissions or financial transactions."
1/3 through "ending welfare programs" - will never happen but okay...
1/3 through "ending the tax deduction for mortgage interest and other write-offs" - So they are going to take my mortgage interest deduction away and give it to someone else.
1/3 through more taxes - robbing Peter to pay Paul again
Also, this is paper napkin figures, government will double the cost with half the production.
