3 ms·
The poor dont tend to pay the the rents of downtown Toronto. There is a number of reasons for this including government housing, roommates, living at home or wi
by petermcneeley 7y ago
The poor dont tend to pay the the rents of downtown Toronto. There is a number of reasons for this including government housing, roommates, living at home or with a partner.
The actual total income at the %1 is certainly higher but may only be ~30-50% more (officially)
As for not benefiting the upper 50% I think you might be arguing against some position that doesnt exist.
UBI would not benefit everyone directly. In fact if your on the upper end of the spectrum it would dramatically hurt you.
I would simply guess that it is the ideology of redistribution that you oppose, which is fine. But the math of this kind of redistribution works out. (The economics of it is a much more interesting question)