Under capitalism, those with capital derive profit through the use of their capital (can be money, factories, machines, etc). A substantial pressure on that pro

Under capitalism, those with capital derive profit through the use of their capital (can be money, factories, machines, etc). A substantial pressure on that profit is labor costs. As labor gets removed from the picture through automation, that capital will be even more profitable. > Could someone please point me to what kind of tax structure a country would need to have to realistically be able to afford UBI? Personally, I would like to see no corporate tax, 10% for individuals, then X% for anything over $1 mil. I don't have a problem that X% being high enough to pay for whatever is needed to keep society stable and I'm quite sure those paying it wouldn't have an issue either. Far better that than the unemployed masses rioting. The problem with universal basic income ... is that you'll only get it into law through bi-partisan action. Its appeal on the right primarily comes from the idea that it would replace all the myriad of programs we currently have. Welfare, section 8, food stamps, medicaid, etc. Getting rid of all that bureaucracy and replacing it with a simple system is appealing. Problem with that is ... all those specialized programs are built so that you are forced to spend that money on specific things. Shelter, food, medicine, etc. If you give someone a check for $1k and they blow it all on a nice TV ... what then?