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Up To $36,000 Guaranteed Income Program Will Be Given To Struggling Families Funded By Taxpayers

Up To $36,000 Guaranteed Income Program Will Be Given To Struggling Families Funded By Taxpayers
Up To $36,000 Guaranteed Income Program Will Be Given To Struggling Families Funded By Taxpayers (Photo: Dallas Express)

America will give $125 Million in guaranteed income programs with the huge rise in taxpayer-funded programs offering no-string handouts of up to $36,000.

Up To $36,000 Guaranteed Income Program Will Be Given To Struggling Families Funded By Taxpayers

Up To $36,000 Guaranteed Income Program Will Be Given To Struggling Families Funded By Taxpayers (Photo: Money Crashers)

Guaranteed Income Program includes a D.C. scheme used by moms to buy $6K luxury Miami vacation

The schemes, whose total value exceeds $125 million, have surged during and since the pandemic as progressive leaders embrace Guaranteed Income Program cash handouts to support Americans below the poverty line.

The eligibility criteria to avail of the Guaranteed Income Program is based on the federal poverty level, a sliding scale based on income. For a single person, the poverty guideline is $15,060 or less, while for a family of four, it is $31,200 or less.

Advocates and program leaders claim that a guaranteed income program is proven to lift people out of poverty by helping them achieve financial stability. Recipients of the guaranteed income program have said the cash has transformed their lives and even brought some out of homelessness.

Read Also: IRS Introduces New E-File Program With Potential To Transform Tax Preparation Landscape

Most of the guaranteed income program is funded with taxpayers’ money

Many of the guaranteed income programs have shared the uplifting stories of families whose lives have been changed by the projects. Scams are often specifically targeted at mothers and young families, while others are open to any adult who lives below the poverty threshold.

However, critics of the guaranteed income program say that cash handouts are a blunt tool that does not address the underlying causes of poverty.

Read Also: County’s New Program To Unlock Forgotten Tax Benefits – Claim Your Cash Now!

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