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> Where would that money come from? It amounts to nearly all the tax revenue collected by the federal government. Nothing in the history of this country suggest
by serge2k 10y ago
> Where would that money come from? It amounts to nearly all the tax revenue collected by the federal government. Nothing in the history of this country suggests Americans are ready to add that kind of burden to their current taxes
Taxes would have to go up, in some cases drastically. It's an easier sell if people immediately get a good chunk back.
> A universal basic income has many undesirable features, starting with its non-negligible disincentive to work. Almost a quarter of American households make less than $25,000. It would be hardly surprising if a $10,000 check each for mom and dad sapped their desire to work.
Except if they keep working the money just adds up. I certainly wouldn't want to stop working and give up my lifestyle.
Maybe instead of working to make enough money to just get by you keep working and put a chunk of that money into savings, or upgrading your lifestyle a bit. Maybe moving to a better area, fixing up some stuff around the house, get your kid a couple toys, etc...
Yeah, people in situations that make working hard might quit but maybe they should be allowed to. Or maybe they should quit for a while and come back when it makes more sense.