Switzerland to vote on whether every citizen should receive $2800.00 a month income. USA next?

It takes about 12 years to become a citizen so don't get your hopes up, you can't become swiss as easy as you can become an american.

They don't have too many whites,hispanics and african americans pumping out babies and not working while collecting food stamps so they're light years ahead of us in terms of financial standing.

This will never pass, but even if it could a)$2800/month isn't much in europe and b)remind me how big an expenditure switzerland's army is in comparison to what we have as a military budget?

 

No.

What's funny is that anti-welfare and any government assistance types already think this kind of program exists in the US.


You know what would be cool though is if you could have a couple of years worth of this and once you use it up, no more. Imagine if you could work to start up your own small business, try to invent something, or maybe create something (a book, a movie, a piece of art) and not have to worry about a job for like 3 years.

And if you are super successful, like making multiple times (maybe 20X) that amount back in one year, you have to pay it back. If you are pretty successful, you maybe pay a few percentage points more than people in your tax bracket who have never used it.

 

it basically does, I am still friends with a really hot mexican girl that i went to high school with she came from one of those charter schools, kipp i think, anyways she is poor today, she flat out told me she gets $600/month for one kid that considered "crazy" and she gets money for the other kids plus she gets food stamps and a gigantic $8,000 tax refund in january bc she lies and says she does home healthcare for a family friend and she splits the money, $1200/month so she gets $600 and gives whoever she cares for $600.....you wanna talk scamming the government, home healthcare is a joke amongst the poor of how they cheat the system and get free money

This was a girl who dropped out of college bc she was pregnant and literally does not work today and makes like $3500/month doing nothing!!!!! $600 income per month from home health care + $600 month for the crazy kid + more money for other kids + food stamps + $700/month($8000/year tax refund split up)

 

it would be spent just as fast, that's like 250 lap dances.

 

How many more kids does she have that she gets another $1600 a month on top of what you mentioned?

 

I could be mistaken but I think you only get money for each child in the form of a tax credit so it wouldn't be part of her monthly aid. Unless maybe she's getting child support.

 

she has 5 kids in total but one is literally crazy, 12 years old has been kicked out of schools everywhere, pulled a knife on her and the other kids and now the mom is fighting to keep them from sending her to an institution bc it would mean a loss of $600/month to her.....lol keeping the crazy kid at home and a threat to you and the world bc you dont wanna lose tax dollars....gotta love how the poor think

 

Why not just raise the minimum wage to something like $15 an hour? It accomplishes basically the same thing. Not sure why you'd want to give people already rich free money every month.

 

$15/hr are you ignorant? Look i will give you an example, like I said my dad and his brother own alot of gas stations. As indian people, they are very intelligent and have it down to a science and know how to close specific stores for certain hours a day to save money ie 2-5 am bc saving 2 workers x $8/hr is an extra $2000/month per store.

Anyways, with a gas station you always have at least 2 workers on hand so let's say 2 x $8 so $16/hr running costs + electricity of lets say $800/month + permits + property taxes of let's say $5000/month on a $2M store

Now you break it down on say 24 hours in a month you have 720 hours. So on $5,000/month of property tax you have about $7/hr of costs + $16/hr of labor costs + $1.25/hr of electricity + let's say another $1/hr of permits per month, so the running costs of a gas station if you have it paid off completely is about $25/hr now let me tell you something most people don't get.....most gas station make $.07-.10 cents a gallon BEFORE credit fees, after credit card fees its pennies.....if somebody uses an amex many times they just break even or even lose money with the swipe fee.

Why is that done? With the hopes you will go inside and buy snacks or a drink on a massive markup ie a .12 water that you pay $1 for.

So for a gas station is break even per hour assuming gas only 300 gallons an hour assuming credit cards are used is about .05/gallon or about $15/hr. Add is in a few snacks sold and if you have a normal store you probably barely make $7-10/hr after you pay your workers. Of course $10/hr for 24 hours a day is a decent nearly $100k/year job and with the cash involved ends up being more

So of course costs would have to go up on everything to accommodate that bc as is most gas station barely turn at $7-20/hr profit with all things as is, if cashiers make more, then managers make more, then gas will cost more

and that's just one industry....

 

$2800? Why aim so low?

Guarantee an income of $8400/month so that everyone will be a millionaire.

#WeOweItToOurselves

 

Minimum wage or taxation on the wealthy to create minimum income from the government will cause some measure of inflation, though not the kind that most will care about (pushing prices higher on Big Macs is for example, probably a net positive by and large, and is not as big of a dent as say pushing prices up on health care). They will also have ambiguous effects on employment, a net positive effect in wealth equality, and will spur economic growth with the current atmosphere of many corporations hording cash and savings.

food for thought

 

Do you understand that GDP per capita does not fully describe a nation's wealth? E.g., it does not take into account the accumulated wealth and assets of people. It also doesn't take into account income distribution. Since you appear to have been busy googling, google "Gini coefficient".

 

funny how eddiewinslow has a friend, family member, or friend of the family of every minority group who fits into every situation being talked about, and many if not all of these friends (and perhaps supposedly eddiewinslow himself) are cheating the system.

I can't believe anyone here still replies to the guy or takes anything he says as being honest.

 

I know that. I was just responding to some dude who posted this:

...which I knew at first glance was false. Maybe you should go talk to that guy, since he's the one who brought it up.

And I don't really need Google to look up basic measures like Gini, but thanks anyway.

 

No you don't. Your response shows that you still haven't understood.

...lived in both Switzerland and the USA. You ever been out of Texas?

It is not false.

http://www.avenir-suisse.ch/en/25837/switzerlands-riches-go-beyond-money/

Here is a different source for you:



Both mean and median wealth are about double compared to the USA.

What did you know at first glance?

 

Alaska Oil Wealth Nets State Residents $1,174 Checks
http://www.huffingtonpost.com/2011/09/20/alaska-oil-wealth-checks_n_972489.html

 

So says our resident tax fraud.

 

Get rid of all welfare programs and replace it with this

 

And there's the ad hominem. I'm not sure where you get this anger from, but it can't be healthy. Doesn't advance the discussion, either.

Anyway, I've lived and worked all over the US and around the world. But you want to talk down about Texas? On this BBS?

That the long-run economic feasibility of fiscal policy is determined by the path of GDP rather than by the wealth of individuals. Out of curiosity, why did you bring up Gini coefficients? Was that meant to be an argument against the relative merits of redistributive policies in the US, as compared with in Switzerland?

 

That's by PPP (purchasing power parity), by nominal per capita GDP Switzerland is much higher.

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita