General Discussion
In reply to the discussion: What would you consider a "living wage", in the current economy? [View all]That stuff is funded because money is taken from people who work. Most of those people at or even somewhat close to that "minimum income" would simply stop working. I know I would.
I know my son would quit his job immediately. So that money going into SS and Medicare would be gone. As would his federal income tax which contributes to that "other".
And let's not forget all of those people who currently choose not to work or cannot find a job. The money for them needs to come from somewhere.
Let's do the math.
Let's say there are $100M eligible people for your minimum income and that the income is $25K. That's $2.5T.
Assuming half of the people choose to work, they would have to average making $100K in "additional" income just to pay for their and every else's minimum income. And that is with ZERO dollars going to ANY gov't functions.