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In reply to the discussion: What would you consider a "living wage", in the current economy? [View all]CAPHAVOC
(1,138 posts)14. Absolutely not a jest.
The two best social programs that have stood the test of time are Social Security and Medicare. Now think outside the box. Why limit it to only those over 65 and rising. Make it a starting point not an ending point. Do not tax corporations tax all the income they produce to individuals at 50%. They are not people. I would give every citizen rich and poor Social Security at graduation and for life and tax all income at 50%. No deductions subsidies scams or back room deals. How is that not totally fair. But I would eliminate ALL government social programs other than Social Security and Medicare. None would be needed. It would stop all the bickering, graft, and social engineering. Maybe we could all work together for prosperity.
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Under my brilliant plan he would pay a 50% flat tax on his income. About 53,000.
CAPHAVOC
Apr 2012
#7
You want to turn social security into an entitlement program? Math doesn't work.
elias7
Apr 2012
#27
He would get a social security check if he is graduated. So would you. And Medicare.
CAPHAVOC
Apr 2012
#31
Believe it or not, this is an idea firmly placed in reality. So much so that Richard Nixon
Luminous Animal
Apr 2012
#56
I agree 100%. I have long been an advocate of a guaranteed income but I don't think
Luminous Animal
Apr 2012
#39
I think your pretty much on the right track. I'd rethink the taxing scheme because
Luminous Animal
Apr 2012
#45
there are pretty wide regional differences, but I think you're in the ballpark.
Egalitarian Thug
Apr 2012
#20
For a single person, at least $25 an hour, 40hrs a week, + healthcare & vacation
got root
Apr 2012
#23
I think it depends on where you live, in LA it should be $25 - $35 an hour w/benefits.
Initech
Apr 2012
#25
It's a very interesting question. If everybody who currently makes minimum wage started making $52K
Egalitariat
Apr 2012
#68