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To implement basic income without raising taxes, the USA would have to trim something like 10% from our defense budget. I think you mean politically feasible.
by awakeasleep 8y ago
To implement basic income without raising taxes, the USA would have to trim something like 10% from our defense budget.
I think you mean politically feasible. And political feasibility is something that changes with the popular will.
Not to say we’d want to keep all our current welfare type benefits with UBI
- opencl 8y ago10% of the defense budget would fund a $15 a month UBI. edit: bad math 598 billion per year * 10% / 325 million people / 12 months/year