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The Clark Howard Podcast

Clark Howard 7.26.18

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 26 July 2018

⏱️ 36 minutes

🧾️ Download transcript

Summary

Topics: Would Universal Basic Income work or is it Utopian madness?; Bad stockbrokers selling "private placements"; Current work from home opportunities and avoiding scams Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I'm so glad to welcome you here to the Clark Howard Show where it's about you and that

0:10.5

wallet of yours.

0:11.8

I want you to learn ideas to me so that you can save more and spend less and don't let

0:16.8

anyone ever rip you off and you can follow me at facebook.com slash Clark Howard.

0:22.8

Today's Clark Rage's moment coming up in a little while is about a hot, hot thing that

0:29.3

stockbrokers are pitching to you that you need to just knock them out of the park and out

0:35.3

of your life.

0:37.1

And coming up yet later, the most common question we get off the air is about work at home.

0:45.7

I have new information for you about how to find the real job opportunities from the fake.

0:54.2

I want to dig into something that is an area that I've been asked about before and is an

1:02.4

idea that first was introduced by Richard Nixon when he was president of the United States.

1:11.5

Is that two generations ago?

1:13.3

More than two generations ago.

1:15.9

The idea was then called the negative income tax.

1:21.5

The idea was instead of having all the various welfare programs we have in the United States

1:27.2

and assistance programs that you would be eligible to receive money from the government just

1:33.9

for breathing that everybody would start the year with the negative income tax, which

1:41.6

meant that you would be given money by the government just for breathing.

1:48.7

And as you made money working at your job or whatever, you would go from the negative

1:54.6

income tax to neutral to paying income tax.

1:59.0

The concept today is back alive and it's been popular buzz with a lot of libertarian think

2:06.9

tanks.

...

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