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I still don’t understand why the rich need an income when poverty has not been solved. UBI means everyone gets a check including the rich and wealthy. Seems lik
by notlukesky 7y ago
I still don’t understand why the rich need an income when poverty has not been solved. UBI means everyone gets a check including the rich and wealthy. Seems like an idea advanced by the rich. I have yet to hear of the poor saying that the rich need a check from the government. Bill Gates and Warren Buffett will get checks with UBI.
- lawrenceyan 7y agoWhat would you propose as an alternative then?
- acid__ 7y agoThis seems like a minor thing to get caught up on. "The 1%" has become a popular term in the past few years, so consider that including the 1% would cost only 1% of the total cost of UBI. The 99% would receive 99% of the money. There's beauty in the flat nature of UBI. Making UBI, you know, _universal_ allows you to simplify the program and reduce the administrative overhead, perhaps enough to make up for that 1% of payments. Besides, Bill Gates and Warren Buffet would both contribute far, far, far more to the UBI program via increased taxes than the small (to them) $1k check they receive.