Argumentative Essay: The Basic Income Guarantee

As the Senator of Alaska, there are many problems in my own state and in the nation as a whole. Many Americans on the poverty line, while many are controlling most of the nation's wealth. The poverty line gets longer, and the wealthy’s income increases. While, I do believe in the free market, business’ small and large and our capitalistic society. There is a problem, and there must be a solution. A legislation was proposed to solve the problem of poverty and other societal issues in our nation. The answer to that problem is the Basic Income Guarantee. The “BIG” (Basic Income Guarantee) will provide every citizen from ages 18-64 an amount of $12,000 per year. The BIG will totally eliminate all welfare programs (food stamps, unemployment insurance, and aid to needy families.) There will be a new financial transaction tax, wealth tax, and a carbon tax as well. The BIG totally will cost $2
The net impact of savings would be a $500 billion dollar surplus that would go towards our nation's infrastructure. Also, there will be an elimination of the federal minimum wage laws by 2021. First and foremost, I want to mention some societal issues that are addressed by the BIG proposal. The first is persistent poverty. Poverty is a major issue to all Americans from the wealthiest to the poorest. It is sort of forgotten in today’s society because it grows and grows without anyone noticing it growing. In 2009, Alaska's poverty rate was 9 percent, so the state saw an estimated 0.9 percent (or 7,626 people) increase in people below the poverty line. Nationally, though, the rate jumped from 14.3 to 15.3 percent. If we have the BIG emplaced this could quite possibly help totally erase poverty in Alaska and decrease poverty drastically in the nation as a whole. The lower and middle class citizens are getting hammered in today’s economy, the BIG would pick