Thursday, October 17, 2013

Basic Income Guarantee

GDP sharing. every adult citizen gets an equal share of yearly GDP.

US GDP 2013 = $15.75 trillion
US Adult Pop. 2013 - 240 million
Basic Income = $63,000

According to the NYTimes:
"The median income for Asian households was $68,600. For non-Hispanic whites, it was about $57,000, while the typical Hispanic household had an income of $39,000, and blacks were at $33,300."

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