Quote:
Originally Posted by Nebe
Universal income exists for the wealthy. It's called dividends. 6% dividend returns on a million dollars invested will pay out 60 grand.
Posted from my iPhone/Mobile device
|
And you and I can invest $500 in the same dividend-generating stock, and earn the same 6%.
The wealthy have more extra income to invest, Nebe, that is true. But is it bad?
If Bill Gates earns a million dollars in dividend income today, how exactly does that harm you or me?