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But where would the money come from to fund this program?
by perseusprime11 9y ago
But where would the money come from to fund this program?
- stevekemp 9y agoTaxes is the short answer. But there is also the expectation that huge savings to the government would be possible, by abandoning all the current financial aid & support systems. (I'm actually not familiar with the USA setup, but in the UK things were complex - to the extent that often councils AND claimants don't know of all the benefits to which they're entitled.) So rather than a complex system where some users get zero support, some get $100 a week, and some get $200, all the paperwork processing, etc, the system becomes: * Are you a legal resident? * If so here's $250 for the month. The system also has an implied goal of helping people work. Right now if you're receiving benefits in the UK, as an unemployed person, they cease when you get a job. So if you can only find a part-time job bringing in £600/month, but your benefits total £800/month accepting it is a net loss. If you receive UBI instead you'd end up getting your "free" money as well as the £600 - leaving you better off, and reducing unemployment.