Many people believe that an end to poverty is easy to achieve. However, it is certainly not that easy to put an end to poverty.
1. Pay out of current government moneys
There are many benefits to the economy:
-more economic activity, so more taxes
-less need for benefits, so less government costs
-reduced minimum wage, so more employment, so again more taxes
-less crimes of desperation
-more intelligent behaviour from the poor (yes)
-disincentive to immigration, as would apply to citizens only; there is also less incentive for people to move from other countries with a similar policy
-reduced inequality means reduced discontent with governments
-of course, you would net off against current tax and benefit schedules so that most people were not directly affected and continued to be paid the same as previously
-etc.
https://wordpress.com/read/blogs/106106236/posts/11898
Many, if not all, of these ideas are flawed. For example, if more taxes are put in place, then many low income families will be subject to poverty, destroying it’s purpose. This, and many of the suggestions above, would create more panic rather than help the issue at hand.
-K