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Why would Bill Gates need it? Ask him and he'd probably say, "keep it."
by JustSomeNobody 10y ago
Why would Bill Gates need it? Ask him and he'd probably say, "keep it."
- mason240 10y agoWhy create a bureaucracy to monitor the incomes of of 330 million, and then force them to prove they are poor enough for a check just to exclude Bill Gates? Gates is paying at least 8 figures in Federal taxes a year, just send him a check like everyone else. How many people are you going to hire, and how much of everyone's time are you going to waste just to stop Gates from getting a UBI payment out of spite?
- Pamar 10y agoThat's the point: he gets it even if he does not need it and if it is a negligible amount of his own personal income/fortune. Universal means just that: everyone gets it. No matter if they need it or not. Maybe you could read up something about the Alaska Fund Dividend to get an idea of how this is supposed to work in practice (the AFD is of course limited to Alaska, and way lower than the suggested 12000 USD target, but still gives an idea of how it is regulated and paid out in practice).
- gremlinsinc 10y agoAgreed, the benefit also being == bureaucracy = jobs = costs. AI printing/cutting/mailing checks to everyone in America every month like clock work, or direct depositing can be totally automated and not cost much at all and lower the cost to administer -- w/ GBI you'll be able to close every welfare building, layoff all welfare/gov't program staff for the poor, and save a lot of money that way.