38 million people in America are living below the poverty line.
We can do better, with universal basic income. When everyone gets an American Union job, we will lift every single American up above the poverty line.
With a no-strings-attached monthly salary of $1300 for adults, $433 for children, we can end poverty.
More money circulating is what makes the economy thrive; but it doesn’t have to only go to banks. Under the Blueprint for a Better America, the first $2 trillion of deficit spending each year is distributed to all Americans, as their share of the increasing value of the United States’ economy.
American Union jobs are paid for largely through a 15% Value Added Tax (VAT), which is used by most industrialized nations.
A carbon fee and dividend, like HR 763 proposes, can also partially fund universal basic income. By collecting fees on pollution and distributing them equally to all Americans, everyone has a financial incentive to pollute less than average.
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