Can the United States Afford a Basic Income Guarantee?

Allan Sheahen

Chapter Chapter 13 in Basic Income Guarantee, 2012, pp 85-95 from Palgrave Macmillan

Abstract: Abstract Yes. We are a wealthy nation. Our 2011 net worth was $58.1 trillion. Since the official 2010 population was 308.7 million, that’s an average of $188,200 for each man, woman, and child in the country. Our 2011 Gross Domestic Product was $14.7 trillion, an average of $47,643 per person.

Keywords: Capital Gain; Personal Exemption; Standard Deduction; Mortgage Interest Deduction; Basic Income Guarantee (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-1-137-03159-4_13

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DOI: 10.1057/9781137031594_13

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