Guy Standing Quotes


If you had a basic income, it would mean that everybody would have a base on top of which their earned income would be taxed at the standard rate of tax. That would increase the incentive to take low-wage jobs.


Citations

Standing, Guy. Basic Income: And How We Can Make It Happen. Pelican Books, 2017.

Related Quotes

Although Mellon served as Treasury Secretary to three Republican Presidents, he favored taxing earned income at a much lower rate than investment income, on fairness and pragmatic grounds. But the Republicans not only did not take his advice but have managed to cut the tax rates for investment income (capital gains taxes) so that they were actually lower than what the middle class tax rates are for their earned income. So this quote is often used by Democrats and liberals in the taxation fight that is constant.


Hubbard is one of the few 21st century Republican economists who was concerned about lower- and middle-class earnings, and one of the very few who ever advocated increasing government spending at all, much less for this purpose. In the 1950s to the 1970s, this was a common view of many Republican economists and politicians, but in the next 40 years, the Republican party moved away from its Lincoln and liberal traditions, and even became the party of choice for racists.


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  • Born: September 1, 1873
  • Died: February 24, 1937
  • Nationality: English
  • Profession: Actor