The Panama Papers Prove It: America Can Afford a Universal Basic Income

[eridani]

http://www.commondreams.org/views/2016/04/08/panama-papers-prove-it-america-can-afford-universal-basic-income

We should all be able to agree: no one should be poor in a nation as wealthy as the US. Yet nearly 15% of Americans live below the poverty line. Perhaps one of the best solutions is also one of the oldest and simplest ideas: everyone should be guaranteed a small income, free from conditions.

Called a universal basic income by supporters, the idea has has attracted support throughout American history, from Thomas Paine to Martin Luther King Jr. But it has also faced unending criticism for one particular reason: the advocates of “austerity” say we simply can’t afford it – or any other dramatic spending on social security.

That argument dissolved this week with the release of the Panama Papers, which reveal the elaborate methods used by the wealthy to avoid paying back the societies that helped them to gain their wealth in the first place.

Roads and transportation infrastructure. Educated workforces. Courts and legal systems. Innovations sparked by government funding, such as the internet. No one – no matter how smart or hard working – joins the American or global elite without making use of these shared resources.

But while working and middle-class families pay their taxes or face consequences, the Panama Papers remind us that the worst of the 1% have, for years, essentially been stealing access to Americans’ common birthright, and to the benefits of our shared endeavors.

[secondwind]

1. K&R

[Sancho]

2. What makes you think all that money should go to Americans?

Wouldn't the universal income go first to Africa, Central America, and China?

Your assumption of American privilege is the foundation of social injustice.

[AllyCat]

4. OP is quoting article with headline

[colsohlibgal]

3. Of Course We Can And Should

Tax everyone fairly, no loopholes, end the perpetual war machine, enact a VAT tax,legalize pot and tax it.

We could easily provide public non profit healthcare and a basic stipend of $20,000 or so.