{"id":78353,"date":"2018-05-05T02:22:21","date_gmt":"2018-05-05T09:22:21","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2018\/05\/this-facebook-co-founder-wants-to-tax-the-rich"},"modified":"2018-05-09T11:11:31","modified_gmt":"2018-05-09T18:11:31","slug":"this-facebook-co-founder-wants-to-tax-the-rich","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2018\/05\/this-facebook-co-founder-wants-to-tax-the-rich","title":{"rendered":"This Facebook Co-Founder Wants to Tax the Rich"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/this-facebook-co-founder-wants-to-tax-the-rich.jpg\"><\/a><\/p>\n<p>Hughes, 34, now devotes his time to evangelizing for higher taxes on the rich, such as himself. He\u2019s proposing that the government give a guaranteed income of $500 a month to every working American earning less than $50,000 a year, at a total cost of $290 billion a year. This is a staggering number, but Hughes points out that it equals half the U.S. defense budget and would combat the inequality that he argues is destabilizing the nation.<\/p>\n<hr>\n<p>Chris Hughes thinks $290 billion a year is a small price to pay for equality.<\/p>\n<p><!-- Link: <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2018-05-04\/facebook-co-founder-chris-hughes-wants-universal-basic-income\">https:\/\/www.bloomberg.com\/news\/features\/2018&#45;05&#45;04\/f...sic-income<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hughes, 34, now devotes his time to evangelizing for higher taxes on the rich, such as himself. He\u2019s proposing that the government give a guaranteed income of $500 a month to every working American earning less than $50,000 a year, at a total cost of $290 billion a year. This is a staggering number, but [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,1490],"tags":[],"class_list":["post-78353","post","type-post","status-publish","format-standard","hentry","category-economics","category-government"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/78353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=78353"}],"version-history":[{"count":1,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/78353\/revisions"}],"predecessor-version":[{"id":78531,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/78353\/revisions\/78531"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=78353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=78353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=78353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}