Saturday, December 1, 2018

'Basic Income' Plans Pushed By Democrats Would Likely Kill Recipients' Work Ethic, Think Tank Says

The Democrats are all about free everything. Sen. Bernie Sanders pitches free college tuition. Rep. Alexandria Ocasio-Cortez hypes free health care. But Sens. Cory Booker and Kamala Harris go one step further: They tout free money.
The plan, largely known as "universal basic income" (UBI) would redistribute money from working Americans to low-income citizens. Harris, who, like Booker, is looking to run for president in 2020, unveiled a plan last month that would give families making less than $100,000 a year up to $500 a month, or $6,000 a year, in tax credits. Individuals making less than $50,000 would get up to $250 a month in tax credits from the government.
blockquote> “Americans are working harder than ever but stagnant wages mean they can’t keep up with cost of living increases,” Harris said in a statement about her legislation, dubbed the Livable Income for Families Today (LIFT) Act. “We should put money back into the pockets of American families to address rising costs of childcare, housing, tuition, and other expenses,” Harris said. Read the rest of the story HERE and follow link below to a related story:

IBD EDITORIAL: Democrats' 'Guaranteed Income' Is Guaranteed Misery For Working Families

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.

No comments: