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Comment by vec

I'd even go a step further. Do away with welfare, food stamps, unemployment insurance, minimum wage, etc. Instead, move to a basic income[1] system.

Everyone (well, every citizen between, say, 18 and 67, when Social Security kicks in) gets a guaranteed flat income from the government. Then raise income taxes accordingly such that the average middle class family more or less breaks even.

[1] http://en.wikipedia.org/wiki/Basic_income

parent vec 13 years ago

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