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in2herbs

(3,271 posts)

3. Will universal basic income stop this loophole that corps use? Has anyone ever calculated

Thu Jan 16, 2025, 01:29 PM

Yesterday

how much tax money would be saved by not having to fund for some of our current "welfare" programs because people will have a UBI that disqualifies them for "welfare" and some of these costs they can now afford on their own?

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AT&T kills home Internet service in NY over law requiring $15 or $20 plans [View all] LiberalArkie Yesterday OP

Cheap, greedy bastards. That can't be that many people! -nt CrispyQ Yesterday #1

To be fair, it's probably a considerable number pinkstarburst Yesterday #9

Wow. I had no idea it was that many. CrispyQ 23 hrs ago #24

This message was self-deleted by its author WarGamer Yesterday #2

Will universal basic income stop this loophole that corps use? Has anyone ever calculated in2herbs Yesterday #3

What loophole are you referring to? MichMan Yesterday #11

There will likely be no reprecussions to AT&Ts decision, hence a corporate loophole. Just as commentary, in2herbs Yesterday #14

Why would there be repercussions to a company making a business decision ? MichMan 23 hrs ago #18

If corps are not "forced" (at times) to provide a product against their wishes because it goes against in2herbs 23 hrs ago #19

Yes n/t SickOfTheOnePct 22 hrs ago #27

Well ... yea Lurker Deluxe 22 hrs ago #29

To be fair SickOfTheOnePct 22 hrs ago #37

To be fair... Lurker Deluxe 21 hrs ago #39

My AT&T internet cost me $80.00 per month Emile Yesterday #4

I pay $85 per month for fiber optic. totodeinhere 18 hrs ago #55

The closest fiber optic line is two and half miles Emile 17 hrs ago #56

State imposed price caps that are legitimately at or under the cost of rendering the service don't kelly1mm Yesterday #5

Wild AT&T offers 10g of prepaid unlimited data for $25 a month LiberalArkie Yesterday #6

For home internet? MichMan Yesterday #7

I use the hot spot all the time and the prepay ATT is also used for the portable hot spots use for all sorts LiberalArkie 22 hrs ago #25

That would only last me days! in the stacks 21 hrs ago #41

For low income folks affected by this, I highly recommend PCs for People jmbar2 Yesterday #8

That still is too much. in the stacks 21 hrs ago #47

greedy rat bastards! mike_c Yesterday #10

How much does it cost AT&T to provide this service? Lets assume it is more than $15 per month. Why would kelly1mm Yesterday #12

I'm referring to AT&T mike_c Yesterday #17

How you do you know the service is still lucrative at these mandated price points? nt kelly1mm 21 hrs ago #44

Greedy? Mountainguy Yesterday #13

AT&T gross profit for the twelve months ending September 30, 2024 was $73.123B, a 1.61% increase year-over-year. Celerity 23 hrs ago #22

Ok SickOfTheOnePct 22 hrs ago #28

What is their cost basis? Are they actually incurring a loss at the legally-mandated prices? Celerity 22 hrs ago #30

No idea SickOfTheOnePct 22 hrs ago #33

disagree Celerity 22 hrs ago #34

Fair enough SickOfTheOnePct 22 hrs ago #35

Gross ... Lurker Deluxe 22 hrs ago #31

see post 20 Celerity 22 hrs ago #32

I agree SickOfTheOnePct 22 hrs ago #36

Tax code is what it is Lurker Deluxe 21 hrs ago #43

Do you agree with governments mandating developers set aside a certain percentage of new residential builds for low cost Celerity 21 hrs ago #46

Well ... that would depend Lurker Deluxe 21 hrs ago #48

40K usd as a mandated price is not reality in most (if any) areas of the US Celerity 21 hrs ago #49

Agreed Lurker Deluxe 21 hrs ago #50

Did they break tax laws? MichMan 21 hrs ago #51

Gross profit is not net profit EX500rider 21 hrs ago #40

did I say it was? Celerity 21 hrs ago #53

So they would rather make $0 NameAlreadyTaken Yesterday #15

The US govt should provide high speed internet for everyone in America at a low cost. Yavin4 Yesterday #16

The Affordable connectivity program was a godsend from the Biden administration tishaLA 21 hrs ago #42

Poor AT&T also pays no income tax. maxrandb 23 hrs ago #20

Weak... Blue_Tires 23 hrs ago #21

AT&T: HOW DARE THEY REQUIRE US TO MAKE INTERNET AFFORDABLE TO EVERYONE! sakabatou 23 hrs ago #23

Low income internet users should consider themselves fortunate... hunter 22 hrs ago #26

So glad I didn't sign up with them claudette 21 hrs ago #38

Maybe the issue is means testing. Mosby 21 hrs ago #45

When a business is required to lose money on a service, they stop providing it. Bonx 21 hrs ago #52

Wonder if any other internet providers will follow ? MichMan 18 hrs ago #54