3 ms·
This 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
by acid__ 7y ago
This 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.