- Oct 21, 2009
- Reaction score
- Political Leaning
The 1% stole your money and got richer at your expense.
The Panama Papers prove it: America can afford a universal basic income | Colin Holtz | Opinion | The GuardianA larger income, to ensure that no American fell into absolute abject poverty – say, $12,000 a year – would cost around $3.6tn. That is a big number, but one that once again seems far more reasonable when considered through the lens of the Panama Papers and the scandal of global tax evasion. Because the truth is that we have all been robbed, systematically, by the world’s wealthiest people, for decades. They have used those stolen dollars to build yet more wealth for themselves, and all the while we have been arguing with ourselves over what to do with the leftover pennies.