3 ms·
UBI doesn't need to cover the median cost of living in the US. In fact with just income tax that is an impossible line to hit as it would certainly trigger infl
by Guvante 9y ago
UBI doesn't need to cover the median cost of living in the US. In fact with just income tax that is an impossible line to hit as it would certainly trigger inflation.
But that doesn't mean that X dollars won't matter. In fact that is the entire purpose of this study "If we give people $1000/month, what happens?". Sure it isn't representative of what would actually happen with BI but if the study is done well and its findings are sound through review, then it would be a great way of answering "would that amount of money matter".