07-18-2016, 06:22 PM
1. Probably monthly payments would be the way to go - so that those who commit misdemeanors and serve, say, three or six months in jail, don't get paid for when they are serving that time.
2. No allotments for parents - because a large part of the intent of the plan is Malthusian: Hold population growth down, quite possibly even to zero, by disincentivizing large families.
3. And yes, all or most such programs would be done away with - at least that's how Milton Friedman envisioned it.
4. Only money earned over and above the refundable tax credit would be eligible for garnishments for child support, etc.; as for student debt, a trade-off could be made: There would be no consideration made for student debt, but after 20 or 25 years, student debt could be made dischargeable in bankruptcy, provided of course the debtor otherwise qualifies.
And you couldn't sell a guaranteed annual income and a 70% top tax rate to the American voters - at least not so long as any voters with even childhood memories of the Cold War are still alive.
And maybe if you're a single parent and you're only clearing $21,500 a year the presumably illegitimate children would end up in a presumably faith-based orphanage - making the plan an easy sell to evangelicals?
2. No allotments for parents - because a large part of the intent of the plan is Malthusian: Hold population growth down, quite possibly even to zero, by disincentivizing large families.
3. And yes, all or most such programs would be done away with - at least that's how Milton Friedman envisioned it.
4. Only money earned over and above the refundable tax credit would be eligible for garnishments for child support, etc.; as for student debt, a trade-off could be made: There would be no consideration made for student debt, but after 20 or 25 years, student debt could be made dischargeable in bankruptcy, provided of course the debtor otherwise qualifies.
And you couldn't sell a guaranteed annual income and a 70% top tax rate to the American voters - at least not so long as any voters with even childhood memories of the Cold War are still alive.
And maybe if you're a single parent and you're only clearing $21,500 a year the presumably illegitimate children would end up in a presumably faith-based orphanage - making the plan an easy sell to evangelicals?
"These, and many other matters which might be noticed, add a volume of unofficial declarations to the mass of organic utterances that this is a Christian nation" - Justice David Brewer, Church of the Holy Trinity v. United States, 1892