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Interesting. I don't think in the current society unproductive people are necessarily more of a drag on everyone else than they would be under UBI. We still hav
by logicprog 7y ago
Interesting. I don't think in the current society unproductive people are necessarily more of a drag on everyone else than they would be under UBI. We still have to fund UBI. And if UBI doesn't fund good things, that's a lot of other people's work that's being wasted paying out UBI. Also, who knows how much of the workforce we'd lose without the necessity to hold jobs, and how much economic output would be damaged, which in turn could make UBI untenable.
Keep in mind that (quoting a random UBI plan that seems fairly representative), a universal payment of $12,000 per year to each adult U.S. resident over age 18 would cost roughly $3 trillion per year... And according to the IRS, in 2016 people payed a total of $1.4 trillion in taxes[1] meaning we'd have to triple current taxes. Even taxing the top 1% at 100% income tax wouldn't pay for that.
[1]: https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-...
Also, there are some studies recently started concerning UBI, so we'll see.
The other thing is that that money isn't free, it has to be taken from someone, and given to someone else... So the question is, why do the people receiving that money deserve it? If UBI is an almost entirely good force, and isn't mostly just wasted, then maybe it's worth considering, but even then the amount of money needed and morality of it is iffy. Without the garuntee that it would do anything good, I'm even more dubious of it.