Well, the real question is, are you ready to pay for the Guaranteed Basic Income? Generously assuming that it's not indexed to inflation, probably what would h

Well, the real question is, are you ready to pay for the Guaranteed Basic Income? Generously assuming that it's not indexed to inflation, probably what would happen is that costs would rise to account for the newfound money. Then, of course, there would have to be services that remain in place, because if people spend their income stupidly, we can't have them starving in the streets. Then you have the collection problem, that suddenly taxes would have to go up (and they would, of course, regardless of how many services you think you can cut). The people who pay? In general, as with any tax increase, it's the middle class. It's the couple that went to college, saved their money, worked hard, bought a house and started a family. Regardless of how much you think you can raise tax rates on "the rich", the only way to pay for something like this is by getting to the middle class, which is where the tax revenue is.