This is funny because he has the exact same conclusion that I have regarding the costs--that the UBI would be around $10,000 and that the breakeven would be $50

This is funny because he has the exact same conclusion that I have regarding the costs--that the UBI would be around $10,000 and that the breakeven would be $50,000--yet he believes that to be feasible while I don't. But the difference between our views is this: politically it's infeasible because middle class people are more politically active. People making over $50,000/year will lose money on thus deal. Thus, even if it's better for people making less than $50,000, it is unlikely to ever be enacted. Finally, he talks about fixing tax "loopholes" but in reality he's talking about removing deductions. Those deductions are supported by many people... go ahead and try to remove the mortgage interest deduction, and see how far you can get! (polling support for its removal is almost zero)