Universal Basic Income in the US

Universal Basic Income in the US

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Universal basic income has the potential to solve the issues of poverty and homelessness in the US. According to US Census Bureau statistics for 2018, 13% of individuals in the US live below the poverty line, which the Department of Health and Human Services reports as around $12 thousand for individuals and around $26 thousand for households of 4.  This 13% makes up over 40 million people.

If the issue of poverty is not addressed with seriousness and empathy, it will continue to devastate families and individuals across the nation every day. But if we do adopt this policy to fight poverty, it could make a major positive impact on American life.  Universal basic income would help to alleviate child poverty, which is rampant in the US, benefiting future generations and helping to break the cycle of poverty. Universal basic income would also increase the spending power of people who currently have little or no extra income to spend on non-necessities.  This would stimulate the economy and could benefit business owners.

Universal basic income would be at a level determined by various factors such as current tax bracket (less assistance for high income individuals), education level (more income for those without a college education to assist in paying for higher education), disability (more income for additional healthcare costs) and etc.  This initiative would be funded by reallocation of excessive defense spending and voluntary private grants.

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!