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A Florida man will be the first in the US to get paid $1,250 per month for doing absolutely nothing
busunessinsider.com ^ | June 6, 2016 | Chris Weller

Posted on 06/06/2016 12:14:45 PM PDT by PROCON

For the next 12 months, a man from Sarasota, Florida will receive $1,250 a month for doing absolutely nothing, and the people footing the bill couldn't be happier about it.

The recipient, a man named Edwin who declined to speak to the press, won the $15,000 in a raffle held in San Francisco on May 31. The giveaway was organized by the nonprofit advocacy group My Basic Income, which wants to set up a slew of lotteries to see how basic income might work around the world.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: fairtax; flattax; government; incomeinequality; lottery; miltonfriedman; minimumwage; negativeincometax; obamarecession; obamataxhikes; taxcuts; taxreform; ubi; universalbasicincome
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To: PROCON
That doesn't sound like a lot. $15,000 a year.

The Florida minimum wage is $8.05 an hour which translates to an income of $16,744 based on a 40-hour week.

61 posted on 06/06/2016 2:12:41 PM PDT by SamAdams76 (Delegates So Far: Trump (1,239); Cruz (559); Rubio (165); Kasich (161)
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To: PROCON
I keep thinking of Rudyard Kipling's "Gods of the Copybook Headings", particularly the seventh stanza," In the Carboniferous Epoch we were promised abundance for all, By robbing selected Peter to pay for collective Paul; But, though we had plenty of money, there was nothing our money could buy, And the Gods of the Copybook Headings said: "If you don't work you die." '
62 posted on 06/06/2016 2:14:58 PM PDT by jmcenanly ("The more corrupt the state, the more laws." Tacitus, Publius Cornelius)
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To: jmcenanly

I hate people who remember and recite poetry :-)


63 posted on 06/06/2016 2:17:54 PM PDT by PROCON
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To: PROCON

If they decide to do this in a new way (other than what welfare is currently doing), I can tell you one thing. They will demand an increase in the amount they get every year because they can’t live on such a small amount of money.


64 posted on 06/06/2016 2:21:21 PM PDT by Trillian
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To: PROCON

I remembered it vaguely and had to look it up.


65 posted on 06/06/2016 2:21:30 PM PDT by jmcenanly ("The more corrupt the state, the more laws." Tacitus, Publius Cornelius)
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To: PROCON

Let’s see... You do 8-10 years of study and residency to make the same as a janitor? How do these ****tards manage to successfully respire???


66 posted on 06/06/2016 2:36:38 PM PDT by Axenolith (Government blows, and that which governs least, blows least...)
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To: Bullish

I, just me, could live on that. Of course I worked my entire life to buy what I wanted and paid for things. Hubby right beside me doing the same. But back to how I could do it. We have a paid for sailboat big enough to live on. Dock fees would be $650. I’d probably qualify for food stamps and MediCal so my food and medical would be taken care of. My car is paid for so the $600 that would be left would supply my wine habit and clothing, etc. lol
There you go. Easy peasy.


67 posted on 06/06/2016 2:45:07 PM PDT by sheana
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To: PROCON
Whether you're a doctor or a janitor...

That's fine, doctors and janitors provide a service. What about if you're nothing?

68 posted on 06/06/2016 2:51:30 PM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
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To: PROCON

Doesn’t Alaska distribute oil royalties to the population just for being residents?


69 posted on 06/06/2016 3:00:17 PM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
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To: SamAdams76
...which translates to an income of $16,744 based on a 40-hour week.

But IIRC few 40 hour jobs are available due to Obamacare calling anything 30 hours and over full time and requiring employer contributions ripoffs.

70 posted on 06/06/2016 3:05:17 PM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
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To: PROCON

His predecessors are all on Jerry Springer every afternoon. :)


71 posted on 06/06/2016 3:19:12 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: PROCON

Not the first...some VERY WELL PAID PEOPLE spend their days here, for years at a time.

https://en.wikipedia.org/wiki/Reassignment_centers


72 posted on 06/06/2016 3:50:06 PM PDT by BobL
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To: PROCON

$1250/month is not going to pay mortgage/rent, utilities, and groceries plus miscellaneous expenses...in a month it won’t be nearly “enough”.


73 posted on 06/06/2016 3:55:54 PM PDT by jughandle (Big words anger me, keep talking.)
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To: BobL
Re: Reassignment Centers

Incredible, I had never heard of it, unfortunately not surprising, effin Teacher's Unions.

74 posted on 06/06/2016 6:03:20 PM PDT by PROCON
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To: jjsheridan5
your response was a quote implying that, because the payment is not a power delegated to the US, payments themselves are unconstitutional

That is not a "quote." That is the full, entire, and exact wording of the Tenth Amendment. There is nothing "implied" by Amendment X; the meaning is clear. A power NOT specifically enumerated elsewhere in the Constitution does NOT exist.

But there are powers at its disposal. One is printing money, and the other is tariffs.

By explicit remedy, the Federal government has the authority to lay direct taxation on incomes, from whatever source derived. This happened in 1913, and was in all the papers. Before that, the Congress also had the power to lay direct taxes, which it occasionally did before the Sixteenth Amendment.

Because the Income Tax Amendment is so open-ended, most attempts to provide "guaranteed basic income" have been floated as "negative income tax." (For example, the EITC) I do not believe that this dubious means of circumventing the Constitution has really ever been tested in Federal Court.

These strange devices are employed because, as you suspect (or fear), and I maintain, there is no Constitutional provision for the disbursement of public funds. Nor is it likely that the Framers envisioned huge charitable donations from powers foreign or extraterrestrial would need to be considered.

As for the indirect monetization of awards or penalties (the latter is far more likely -- when the entitlement Ponzi schemes finally come crashing down) that it is certainly one of the unique (and defining) prerogatives of any sovereign state. But since it would benefit all holders of US money across the board and would benefit millionaires and billionaires many of whom are not even US citizens it could not be a practical delivery vehicle for your scheme.

75 posted on 06/06/2016 7:44:54 PM PDT by FredZarguna (And what rough beast, its hour come round at last, slouches towards Fifth Avenue to be Born?)
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To: PROCON
" why should I pay for someone else's income?" You already are -- only your money is now funding a perverse, dysfunctional, disjointed, inefficient, and easily-gamed hodgepodge of social-welfare programs. These programs punish working.

Sure, a guaranteed basic income isn't a "good" thing -- it's just (likely) much, much better (and cheaper) than the mess you have now.

76 posted on 06/06/2016 10:02:32 PM PDT by USFRIENDINVICTORIA
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