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Tuesday, May 30, 2017

Silicon Valley Elites Continue to Push for Universal Basic Income

Silicon Valley elites continue to push for a universal basic income in America that would give all citizens a guaranteed annual income from the government.

Tesla CEO Elon Musk and Y Combinator President Sam Altman are just two of the tech elites pushing for universal basic income in America. “We should make it so no one is worried about how they’re going to pay for a place to live, no one has to worry about how they’re going to have enough to eat,” said Altman in a speech at the Commonwealth Club in San Francisco. “Just give people enough money to have a reasonable quality of life.”

Mark Zuckerberg, CEO of Facebook, also floated the idea in a Harvard commencement speech.“Every generation expands its definition of equality. Now it’s time for our generation to define a new social contract,” said Zuckerberg during his speech. “We should have a society that measures progress not by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.”

Now Congressman Ro Khanna (D-CA) is getting onboard with the idea, pushing to introduce a $1 trillion expansion to the earned income tax credit that is currently available to low-income families.

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5 comments:

Anonymous said...

Mr. Zuckerberg, Mr. Musk, et.al. Here is a great idea for you. Buy a bunch of those tiny houses and set them up on your estates. I am sure you could fit about 15 per acre of land. Then you can open them up for homeless people to come live there. Once you and all your friends have done this then you can go to the media and start coming out with your stupid goofball ideas. Until then do us a favor and shut up.

Anonymous said...

Sounds a lot like communism. And we all know how well that worked out!

lmclain said...

He wants YOU to spend YOU money.

He could build a several thousand unit housing complex or build thousands of homes and hardly feel it.

How many houses has he built so far? How many schools or hospitals has he built?

He's in favor of raising OUR taxes to pay for it. TYPICAL liberal BS.

HIS money is hidden in "charitable trusts" and nonprofit entities.
"...just give people enough money to..."
When he starts that 'giving', I'll be more inclined to give him credibility.

Anonymous said...

I think the basic income should be paid for by imposing a 99.2% tax on any income over 2 million a year.

Anonymous said...

Sure, because what could possibly go wrong?