Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Poverty

Hydra

(14,459 posts)

3. Of course it would be a huge boost to the economy if the money moved down

Reply to lostnfound (Reply #2)

Fri Jul 10, 2015, 01:11 AM

Jul 2015

Say, if that tax on the rich was used to create a minimum income fund for everyone. I'd be for a doubling or tripling of minimum wage, but that wouldn't necessarily change the dynamic we're in- it would still be a work culture for the lower rungs of the ladder while the upper rungs would still be on the ownership model.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

U.S. Wealth Concentration: The Most Accurate Current Estimates [View all] unhappycamper Jul 2015 OP

K&R! Sherman A1 Jul 2015 #1

Not exactly "mirror image", it would be interesting to know what the poorest 10 % has... lostnfound Jul 2015 #2

Of course it would be a huge boost to the economy if the money moved down Hydra Jul 2015 #3

Is your idea that a minimum income fund would be better that doubling or tripling minimum wage? lostnfound Jul 2015 #4

Yes, I think I minimum income would be a better option for a couple of reasons Hydra Jul 2015 #5