Quote:You could deposit the income into peoples accounts daily(
What accounts?
Many poor people do not have bank accounts and let's not pretend that banks are out there trying to get them in the door.
https://www.stlouisfed.org/Publications/...nderbanked
Quote:The most common groups of unbanked persons include low-income individuals and families, those who are less-educated, households headed by women, young adults and immigrants. As part of the Census Population Survey sent nationwide in 2009, the FDIC asked finance-related queries to help build the database on household banking habits. Responses showed that almost one in 10 households do not use a bank at all.