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>Where do you get $3,000 a month from? The combined wealth of the entire 1% is ~$25 trillion. Population of the US ~330 million. Equally distributed and paid o
by HideousKojima 7y ago
>Where do you get $3,000 a month from?
The combined wealth of the entire 1% is ~$25 trillion. Population of the US ~330 million. Equally distributed and paid out over 24 months comes out to ~3,156. If you only give it to adults (~255 million) the numbers aren't much better.
$3,000 a month is barely enough to get by in several major cities. It'd be fine out in the countryside, but in San Francisco, NYC, and several other major cities it would be barely enough to get a studio apartment and barely enough food to eat.
If it's not universal then it's a misnomer. And it's just another welfare/entitlement program then.
>It’s also amazing that the top 1% can just find everyone in the United States for two whole years. Doesn’t that just prove my point that inequality is a huge problem?
No, not particularly? Why does that matter, other than the usual arguments about wealth in the hands of the poor leading to more marginal consumption and therefore possibly leading to more economic growth?
>Preventing tax haven flee is easy. The US already does this, charging income tax to high income expats. If those expats don’t pay they have big issues if they ever set foot in the country again.
And if you tax them at 100%, or whatever obscenely high rate you're proposing, they won't ever set foot in the country again, and won't have any desire to do so. And they can avoid worries about extradition etc. by simply renouncing their US citizenship before their tax burden becomes too great, something that already happens even with our current tax rates
- deleted 7y ago[deleted]