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That money gets spent and comes back as tax revenue. If you think UBI is expensive, wait until you find out how expensive it will be to have a hundred million
by markdown 6y ago
That money gets spent and comes back as tax revenue.
If you think UBI is expensive, wait until you find out how expensive it will be to have a hundred million unemployed (as a result of automation for one).
You give people money, they spend it on goods created by robots which are taxed, earning money to hand out to everyone as a dividend for being an owner in the national enterprise.