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Do you have numbers? How much do we spend eliminating poverty? And how much would we spend on universal income? Assuming 200 million adults get universal income
by chadash 6y ago
Do you have numbers? How much do we spend eliminating poverty? And how much would we spend on universal income? Assuming 200 million adults get universal income, that would cost $1 trillion per $5,000 of income. But $5000 hardly gets you out of poverty.
- Dma54rhs 6y agoI suppose the question is does it mean people don't flock them to em super expensive overcrowded cities if they get UBI. I don't have an answer to it personally.
- rjmunro 6y agoNormally Universal basic income plans are combined with abolition of most other welfare, and changes to taxes so that people on all but the lowest incomes end up paying the money back as tax. So maybe flatten all tax rates below 24%, everyone earning more than $80000 is now paying an extra $6000, but you give that back to them as the UBI. Everyone earning less than $80000 pays more tax than before but still gets $6000 UBI, so is better off.