3 ms·
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
by 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 agoWhile 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_...