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I'm all for some implementation of UBI, or more broadly, less inequality in society, but the numbers just don't add up to support it (yet). Even if you took al
by recondite 9y ago
I'm all for some implementation of UBI, or more broadly, less inequality in society, but the numbers just don't add up to support it (yet).
Even if you took all of the US Federal transfer programs (Social Security, Medicare, etc...) AND taxed the top 1% at a 90+% rate, you'd still fall short of the amount needed to distribute a basic income to reach the minimum poverty level for the masses.
- nicolashahn 9y agoDoes it need to reach that level for it to be worth doing?
- AstralStorm 9y agoYes, otherwise targeted programs are cheaper and can be comparatively effective if administered well.