Income

There are a number of ways to have income. The option that is available to everyone is GBI (Guaranteed Basic Income). Every citizen will receive this source of income no matter the age, or wealth. The second is capital gains. As with GBI, the person does not have to do anything to reap the benefits of capital gains. However, there are risks with capital gains. The stock market may tumble, or the housing reality might take a plummet. A business may not see any profits, and you might have trouble paying employees. All of these factors can influence capital games.

The last is standard employment. Depending on the skill of the employee will depend on how valuable he would be to a business. Simply put, a doctor is perceived more valuable than a cashier. With that said, a doctor is likely to earn more money than a cashier. All employees are required to receive a minimum wage. In the US, for some reason – wait staff do not fall into this category therefore relying on tips to make ends meet. All employees working 160 hours per month must earn enough money to be at 150% of poverty for one person. This will put the minimum wage at a little less than $13/hour.