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    Negative Income Tax

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    It is 2032 and a guaranteed universal basic income has been in place for about 5 years now. My dad is a doctor and went through 2 medical residencies to get where he is now. He has been in school for as long as I can remember, working hard, studying so much my family barely saw him, he even had to work two jobs when he was in residency so that our family could live comfortably. 6 years ago, all of my dad’s dedication and hard work paid off. He opened his own practice! Back then, we all thought…

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    Out of the Washington Post, Charles Murray writes A Guaranteed Income for Every American to emphasize that the universal basic income is a great idea for today’s society. Murray claims that if this bill was to be passed then there would be no poverty, such as everyone above the age of 21, upon some certain circumstances would receive a check in the mail every month for just being a citizen. This could solve the issues of people having their jobs lost forcefully, and not being able to provide…

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    •Economics Professor Guy Standing explains basic income in his book The Precariat: The New Dangerous Class as follows: “The core of the proposal is that every legal resident of a country or community, children as well as adults, should be provided with a modest monthly payment. Each individual would have a cash card entitling them to draw a monthly amount for basic needs, to spend as they see fit, with add-ons for special needs, such as disability. In most rich countries, it would be less…

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    Universal Basic income has direct impacts of several principles of Catholic Social Teaching and its potential to impact the social good. Intimate involvement with core values associated with the social good and individual responsibilities are prerequisite to understanding the impetus behind establishing a UBI. While further analysis is needed before it can be equated with increasing the common good of mankind, it does have several aspects that are aimed at improving the well-being of all,…

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    spectrum to offer up a potential solution: the universal basic income (UBI). This welfare program in its simplest form would see all citizens of any given country receive an intermittent, unconditional payment from the government. One publication in support of the basic income is “Arguing for Basic Income” by Philippe Van Parijs. However, the UBI is not without controversy. Oren Cass of the National Review wrote an article titled “Why a Universal Basic Income Is a Terrible Idea” in which he…

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    The value of historical knowledge is an important part of the study. This explains the importance attached to the study of history in every discipline. The study of history attempts to trace the beginning or origin of an event, its progress and the present status. Historical study tries to reinterpret the past by asking questions and seeking information to bring change where necessary. Understanding history brings the perspective of new knowledge and experience to in explaining the old and the…

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    Unfair Income Inequality

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    Introduction For several years now, Americans have been struggling in today’s economy simply due to unfair income distribution. Income inequality is a growing issue today and many economists have noticed that this issue needs to be resolved in order to see steady improvement with the economy. Barack Obama even addressed the issue himself and stated that income inequality is now the main reason why the economy has yet to make a major improvement over the years. Which makes sense in economic…

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    Got milk? That is about all I can afford with my Supplemental Nutrition Assistance Program benefits (SNAP, formally known as food stamps) along with bread and eggs, monthly. Seriously, I am a low income college student and I receive only a minimum amount of snap benefits. SNAP requirements should be changed due to irresponsible and lazy people abusing the system. Currently it is difficult for deserving people to receive SNAP benefits due to income and employment status. Being a college…

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    During a certain period in life, an individual must make the decision to follow the path of an outstanding career or settle with a temporary job. Most people may view a job as the safer choice; however, they do not realize the better life a career has to offer. Essentially, to teenagers making these life decisions, they confirm with a job because it’s quick and easy to get, it requires minimum training, and it serves as a starting point. As for a career, it may seem as years of unnecessary…

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    competing in their sport it basically is a job to them it's time they get paid. If you spend several hours doing something for someone and they get millions and you get nothing how would this make you feel. that's how college athletes feel. Athletes need this income to live, it is fair and reasonable that they get…

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