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Except someone spend labor to amass that capital. If I considered saving no longer worthwhile, I wouldn’t consume more. I would work less and enjoy more free t

by lixtra 7y ago

Except someone spend labor to amass that capital. If I considered saving no longer worthwhile, I wouldn’t consume more. I would work less and enjoy more free time. Of course this leads to over proportional less taxes for the state or ubi. I don’t see why you couldn’t try ubi in small scale by the fans. The most obvious reason why it wouldn’t work on small scale and only on state or global level is because supporters want someone else to pay for it.

pjc50 7y ago
> is because supporters want someone else to pay for it. Yes, obviously? Preferably the people with more than one megayacht?
- lixtra 7y ago
  So if you distribute 1000 USD/month to 300 Mio Americans, do you mind to explain where you want to take the money from? According to [1] the top 3% (>250k USD household income per year) earn in total per month 127,300,000,000 = 3,800,000 * 402,000 / 12 USD vs 300,000,000,000 = 300,000,000 * 1,000 USD needed to fund your ubi. Maybe it's not enough to take from people with more than one megayacht? [1] https://en.wikipedia.org/wiki/Household_income_in_the_United_States#Distribution_of_household_income https://en.wikipedia.org/wiki/Household_income_in_the_United...
  - pjc50 7y ago
    While I was being slightly flippant in that, I note that your example of $300Bn as being a completely unreasonable, unachievable number for UBI is less than half the US military budget, and in fact represents about the increase from the pre-9/11 post-cold-war low point. Also that most UBI proposals involve fiddling with the tax bands so that above-average earners see much less or no net increase. "Do you want $1000 each for twenty years or a war for twenty years" was of course a question that was never on the table in 2002.
    - lixtra 7y ago
      > I note that your example of $300Bn as being a completely unreasonable, unachievable number for UBI is less than half the US military budget Check your numbers: US military budget 2019 [1] is $686Bn or $60 Bn per month vs $300 Bn per month for ubi. [1] https://en.wikipedia.org/wiki/Military_budget_of_the_United_States#Budget_for_FY2019 https://en.wikipedia.org/wiki/Military_budget_of_the_United_...

by lixtra 7y ago

pjc50 7y ago

> is because supporters want someone else to pay for it. Yes, obviously? Preferably the people with more than one megayacht?

lixtra 7y ago
So if you distribute 1000 USD/month to 300 Mio Americans, do you mind to explain where you want to take the money from? According to [1] the top 3% (>250k USD household income per year) earn in total per month 127,300,000,000 = 3,800,000 * 402,000 / 12 USD vs 300,000,000,000 = 300,000,000 * 1,000 USD needed to fund your ubi. Maybe it's not enough to take from people with more than one megayacht? [1] https://en.wikipedia.org/wiki/Household_income_in_the_United_States#Distribution_of_household_income https://en.wikipedia.org/wiki/Household_income_in_the_United...
- pjc50 7y ago
  While I was being slightly flippant in that, I note that your example of $300Bn as being a completely unreasonable, unachievable number for UBI is less than half the US military budget, and in fact represents about the increase from the pre-9/11 post-cold-war low point. Also that most UBI proposals involve fiddling with the tax bands so that above-average earners see much less or no net increase. "Do you want $1000 each for twenty years or a war for twenty years" was of course a question that was never on the table in 2002.
  - lixtra 7y ago
    > I note that your example of $300Bn as being a completely unreasonable, unachievable number for UBI is less than half the US military budget Check your numbers: US military budget 2019 [1] is $686Bn or $60 Bn per month vs $300 Bn per month for ubi. [1] https://en.wikipedia.org/wiki/Military_budget_of_the_United_States#Budget_for_FY2019 https://en.wikipedia.org/wiki/Military_budget_of_the_United_...