Basic Income Question and Answer

Question: So basic income is necessary to save capitalism from itself?
Answer: Yes. Wealth should be redistributed so capitalism benefits everybody. If it is not anti-capitalist ideas like socialism and Marxism will become popular.

The best way to think of Basic Income is as capitalism for everybody. In today’s America only a few people enjoy capitalism, even though it is generating more wealth than ever. I want everybody enjoying capitalism, not just Jeff Bezos and Ivanka Trump.

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Progressive Basic Income vs Income Inequality

A Progressive Basic Income would create economic activity without expanding bureaucracy or increasing government spending.
The money would go to average Americans not to bureaucrats, politicians, and government contractors. They would spend the money in America’s communities not in Washington or Wall Street.
A $500 a month basic income would give the Amazon worker making $28,446 a year, a $6,000 annual boost income. That would raise his or her pay to $34,446 a year.
A married couple that worked at Amazon would receive $12,000 which will raise their annual income to $68,842. That would put them well over the National Median Income of $59,095.
An Amazon fulfillment couple with a child would receive $18,000 a year, raising their income to $74,842, a year. Married fulfillment workers with two children would receive $24,000 a year raising their income to $80,892 a year.

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