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Facebook co-founder Chris Hughes
wants the richest 1% of Americans to
fund a basic income for 90 million people

Business Insider, by Jeremy Berke

Original Article

Posted By:NorthernDog, 2/21/2018 11:41:29 AM

Chris Hughes, a co-founder of Facebook and chair of the Economic Security Project, has a proposal to attack the problem of rising income inequality through a basic income, a system of wealth distribution in which people receive a standard salary just for being alive. And he wants to pay for it by raising taxes on the one percent. (Snip) To pay for this, Hughes proposes bringing tax rates on the top 1% of earners in the country to 50% — which is in line with the historical average, he said. The idea is to provide people with a reliable income

Many will spend that $500/month within 24 hours, and be broke again until the following month.


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Reply 1 - Posted by: provide, 2/21/2018 11:44:35 AM     (No. 11550722)

They already do.

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Reply 2 - Posted by: 1976Ag, 2/21/2018 11:45:27 AM     (No. 11550724)

If this stupid idea is instigated people will soon be moving elsewhere. Then where will the money come from?

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Reply 3 - Posted by: thethirdruffian, 2/21/2018 11:46:38 AM     (No. 11550727)

The super-rich have always like income taxes on the up-and-coming upper-middle class.

To quote Rockerfeller (who liked the idea of an income tax): "It will keep the Jews and the Irish out of the country clubs."

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Reply 4 - Posted by: bythegates, 2/21/2018 11:50:08 AM     (No. 11550731)

Why not an annual 80% tax on increases in net worth for the top 100 net worth Americans? That would pay for everything this guy wants to do.

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Reply 5 - Posted by: enemyofthestate, 2/21/2018 11:50:37 AM     (No. 11550732)

Speak for yourself, Hughes. If you want to fund a basic income, go for it, with YOUR money, all of it if you are so inclined. The other one-percenters can decide for themselves how to spend their money.

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Reply 6 - Posted by: mean Gene, 2/21/2018 11:51:47 AM     (No. 11550734)

When he is president, or governor, he can do this.
Until then it´s just words.

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Reply 7 - Posted by: snowoutlaw, 2/21/2018 11:53:27 AM     (No. 11550737)

The top 1% do not have large incomes, they are wealthy but do not work for a living so they do not have incomes like most people. What this plan will do is tax some hard working middle income folks to support others that may not be as hard working.

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Reply 8 - Posted by: zephyrgirl, 2/21/2018 11:54:48 AM     (No. 11550742)

You go first, Chris. Let me know how it turns out.

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Reply 9 - Posted by: wilarrbie, 2/21/2018 11:57:48 AM     (No. 11550746)

Naw, naw, naw...it still won´t be equal. EVERYBODY should should have EQUAL amounts. Let´s say everybody who works has to turn it ALL in. Then no matter who you are or what you do - every body gets the same stipend. Even the president. And anyone who has more than one home or one with more than 5 bedrooms, has to open them up to the homeless people. Fair is fair.

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Reply 10 - Posted by: GW_Rider, 2/21/2018 12:09:18 PM     (No. 11550764)

I want Chris Hughes to fund aa basic income for 90 million Americans.

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Reply 11 - Posted by: texaspast, 2/21/2018 12:11:11 PM     (No. 11550767)

I´m even more generous than Mr. Hughes - How about the top 3250 (or about 1/100000 of the population) most wealthy people in the U.S. pay a 95% wealth tax? Not income, but 95% of everything they own. They´ll still be richer than almost everybody else in the country, and they don´t need all that wealth, right? Get behind that one, Mr. Hughes, and I´ll believe you actually care.

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Reply 12 - Posted by: lakerman1, 2/21/2018 12:11:26 PM     (No. 11550768)

This would be an even greater incentive for welfare mommas to keep popping out more babies.

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Reply 13 - Posted by: rochow, 2/21/2018 12:17:07 PM     (No. 11550772)

and of course the money is to be spent on drugs, alcohol, and cigarettes!

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Reply 14 - Posted by: craige, 2/21/2018 12:19:19 PM     (No. 11550775)

I do not believe there is anything stopping this little piggy from giving away his income.
Perhaps hypocrisy and leading by example are mutually exclusive.

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Reply 15 - Posted by: Pchristopher, 2/21/2018 12:27:44 PM     (No. 11550789)

What´s that fool smoking? Must be good.

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Reply 16 - Posted by: Mobyclik, 2/21/2018 12:29:02 PM     (No. 11550791)

He is free to give all the money he wants to to the U.S.Treasury and spend the next two weeks patting himself on the back for being such a caring guy. As if THAT will EVER happen! Even those multi-millionaire talking heads on tv would barf at this nonsense...not to mention the Hollywood morons and sports thugs.

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Reply 17 - Posted by: meidei, 2/21/2018 12:30:35 PM     (No. 11550793)

Remember that young business owner who decided that $70K was a living wage & paid all his employees, including himself, (janitor to top exec) $70K in salary. I forget how long it took him to declare bankruptcy or whether there was anything left to salvage.

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Reply 18 - Posted by: lindamay, 2/21/2018 12:31:12 PM     (No. 11550794)

Another way to buy votes.

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Reply 19 - Posted by: ronnietheK, 2/21/2018 12:37:30 PM     (No. 11550801)

Hell no and go an eff yourself for suggesting it. Want to actually keep SOME of my hard earned $.

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Reply 20 - Posted by: lancelink1, 2/21/2018 12:39:54 PM     (No. 11550806)

"a system of wealth distribution".

What could possibly go wrong with that?

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Reply 21 - Posted by: EQKimball, 2/21/2018 12:47:50 PM     (No. 11550817)

The top one percent already pay 40% of all taxes and more than the bottom 90% combined. (The top 10% pay 90% of all taxes.)

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Reply 22 - Posted by: kono, 2/21/2018 12:48:12 PM     (No. 11550818)

Isn´t that what Welfare and Food Stamps were supposed to be? I´ll give Hughes the benefit of the doubt when it comes to his intentions. But anybody who lived through the last 50+ years (and seen the ambitious advent of the Great Society) should know that we´ve already tried that facile approach with Welfare, Food Stamps, and a host of other programs to feed the insatiable beast of poverty, to no avail.

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Reply 23 - Posted by: qwerty, 2/21/2018 12:52:49 PM     (No. 11550824)

Should (God forbid) this insane idea come to fruition, he´d be one of the first to claim he has no money to give. Reminds me of rev al sharpton saying he has nothing, yet lives a high roller life.

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Reply 24 - Posted by: tennman, 2/21/2018 12:55:02 PM     (No. 11550829)

Rough guess is that 540 Billion. These folks generally didn´t get wealthy by being stupid. And they intend to stay wealthy.

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Reply 25 - Posted by: Midnight Rambler, 2/21/2018 12:58:02 PM     (No. 11550831)

This dude must feel extremely guilty about his wealth.

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Reply 26 - Posted by: Pilot222, 2/21/2018 1:38:53 PM     (No. 11550867)

How does he have time for this income equility nonsense when he and his husband just adopted a son!

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Reply 27 - Posted by: jeffkinnh, 2/21/2018 2:10:53 PM     (No. 11550884)

Any rich person that wants to donate THEIR money to such a cause is free to do so. Hollyweird? Entertainment cat cats? Sports stars? California businessmen? Nancy Pelousy and other rich liberal politicians? Media millionaires? Any takers?


I don´t want to pay one cent to someone for sitting on their butts doing nothing.

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Reply 28 - Posted by: coyote, 2/21/2018 2:17:26 PM     (No. 11550895)

Always easy to give away other people´s money

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Reply 29 - Posted by: dvc, 2/21/2018 3:04:36 PM     (No. 11550940)

Feel free to put you hand into your OWN POCKET and do whatever you want with it.

But keep your damned hands out of my pockets!

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Reply 30 - Posted by: Iowamarinesdad, 2/21/2018 3:12:12 PM     (No. 11550947)

This reminds me of dear, sweet Hillary saying she didn’t want or need the Bush tax cuts.

I missed the story though, about how she refused them and returned that money to the treasury.

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Reply 31 - Posted by: leonardo, 2/21/2018 3:34:48 PM     (No. 11550971)

The "idea," in AMERICA, pal, and under capitalism, is for the individual to PROVIDE a basic income for HIMSELF. YOU don´t speak for the richest 1%, you speak for yourself only. So open your OWN f*****g checkbook and write all the checks you want but keep your liberal paws off other people´s wallets. OH, I forgot, Liberals EXIST to loot other peoiple´s wallets.

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Reply 32 - Posted by: mollyb0122, 2/21/2018 3:45:03 PM     (No. 11550983)

hahahahahahaha.........breathe, breathe, breathe, hahahahahahaha!

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Reply 33 - Posted by: Postaway, 2/21/2018 5:24:16 PM     (No. 11551077)

His idea will make it comfortable enough to be poor for the poor to stay that way. THis is what liberal “compassion” is really all about: It keeps the hounds at bay. And wasn’t SS originally supposed to tax only the rich?

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Reply 34 - Posted by: strike3, 2/21/2018 6:03:55 PM     (No. 11551118)

Don´t forget to include Zuckerberg in the donor list. Anybody who can build six miles of fence across Hawaii and block his neighbors´ views of the ocean has way too much money. Once a fair income is determined for all of the deadbeats, what are you going to to about the millions of immigrants that you want to bring in? Do you think the current recipients will want their share to be cut. Of course not, so you will have to increase the tax. It´s a vicious circle.

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Reply 35 - Posted by: Ribald1, 2/21/2018 6:48:10 PM     (No. 11551160)

We already do this for the ´elderly´.
As a result they fight hard for every spendthrift politician that promises them a welfare increase rather than the fiscally responsible that would build a better future for their children and grandchildren.
Having even more people like that could bring the whole system down.

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Reply 36 - Posted by: agrunt, 2/21/2018 7:17:34 PM     (No. 11551174)

provide people with a reliable income so they could sit on their butts and not work.

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Reply 37 - Posted by: ColonialAmerican1623, 2/21/2018 11:59:19 PM     (No. 11551408)

Why is the onus on the wealthy to pay 50% taxes? Why not eliminate welfare to foreigners?

On the other hand, do you know what $500 would do for the elderly? I talked to a woman today who won´t use her AC because she can´t afford the bill. Her refrigerator broke a year ago. The hurricane damaged her roof. The insurer went bankrupt and she couldn´t get it repaired. FEMA gave her under $500.

Who is at food banks ? The elderly.

Let Chris Hughes raise the money if he is co-founder of Facebook.

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Reply 38 - Posted by: Ribald1, 2/22/2018 12:29:00 AM     (No. 11551430)

#37 For every elderly person on SS welfare that truly needs it, there are 40 that don´t.
That is the problem with a universal income.
When you split it up so everyone gets some, what is left is too small to help the truly needy.

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Gateway Pundit, by Cristina Laila    Original Article
Posted By: KarenJ1- 3/16/2018 8:27:04 PM     Post Reply
According to independent journalist Mike Cernovich, McCabe is safe. AG Sessions will not fire the FBI Deputy Director despite clear misconduct. McCabe is set to receive a hefty pension. Cernovich’s sources are telling him Sessions will not drop the hammer on McCabe. Cernovich tweeted: Jeff Session said he won’t fire McCabe, two sources familiar with his decisionmaking told me, thus sending a message to @realDonaldTrump that those who lie to the FBI in an effort to help Hillary are safe. (Snip) Cernovich then tweeted: McCabe is safe, Sessions isn’t going to fire him despite clear misconduct.

Democrats offer to hire
Andrew McCabe so he
could qualify for his pension

30 replie(s)
Washington Examiner, by Kimberly Leonard    Original Article
Posted By: happywarrior- 3/17/2018 7:17:54 PM     Post Reply
Democratic lawmakers have offered to hire fired former FBI Deputy Director Andrew McCabe so that he can qualify for his pension. McCabe´s employment was terminated by Attorney General Jeff Sessions less than 48 hours before he would have qualified for his pension, a day that was also his 50th birthday. Rep. Mark Pocan, D-Wis., asked McCabe on Twitter to "call him." "I could use a good two-day report on the biggest crime families in Washington, D.C.," he wrote. Pocan was responding to a tweet by MSNBC journalist Andrea Mitchell, who said if a member of Congress were to hire him

Jeff Flake In New Hampshire:
I'm An Endangered Species Of
Conservative; "Americanus Never-
Trumpus, Subgenus RINO"

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Real Clear Politics, by Tim Hains    Original Article
Posted By: Hooverdog- 3/17/2018 8:12:40 PM     Post Reply
Republican Jeff Flake delivered a speech Thursday at the annual ´Politics and Eggs´ event at Saint Anselm College in New Hampshire. Flake said that during the administration of President Donald Trump, conservatives were an endangered species and the Republican Party had surrendered to a "propaganda-fueled dystopian view." Flake, who recently called for a 2020 Republican primary challenger against President Trump, is in the group of people who might do just that. "I haven´t ruled it out," he told CNN later in this same day. "I stand before you today the rarest of species," the retiring moderate Republican

Prince Charles and Camilla shock
as pampered royal ‘demands
own TOILET SEAT on trips´

28 replie(s)
Daily Express [UK], by Simon Osborne    Original Article
Posted By: Attercliffe- 3/17/2018 3:24:43 PM     Post Reply
AN EXPLOSIVE new book has lifted the lid on the extraordinarily pampered life of luxury enjoyed by Prince Charles and Camilla, the Duchess of Cornwall. The Prince is accustomed to travelling with his own very specific creature comforts, according to Rebel Prince: The Power, Passion and Defiance of Prince Charles by Tom Bower. The book describes how, before a visit to a friend in North-East England, he despatched his staff ahead a day early with a truck carrying Charles and Camilla’s complete bedrooms, including the Prince’s orthopaedic bed along with his own linen. His staff had also pack a small

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