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https://medium.com/david-grace-columns-organized-by-topic/a-little-math-shows-that-a-universal-basic-income-is-completely-totally-impossible-5534a13d441a https:

https://medium.com/david-grace-columns-organized-by-topic/a-little-math-shows-that-a-universal-basic-income-is-completely-totally-impossible-5534a13d441a https://medium.com/david-grace-columns-organized-by-topic/a-... >> There are about 242,000,000 adults living the United States. $18,000/year UBI X 242,000,000 people = $4,356,000,000,000 that’s $4.356 TRILLION Dollars per year. The total amount collected by the federal government from the income tax is about $1.5 Trillion Dollars per year. Since we would still have to run the rest of the government in addition to paying the UBI, the cost of the UBI plus the other government expenses we currently have would be about Six TRILLION Dollars.

dillondoyle 6y ago
I think most proposals - at least right now the serious ones - are only talking about those already receiving similar value government assistance. Personally I see something close to universal UBI way down the line assuming we can eliminate a large % of human jobs and reduce the amount of work significantly so even if you wanted to work there isn't any work to do. Take the profit dividends and redistribute it.
- chordalkeyboard 6y ago
  > I think most proposals - at least right now the serious ones - are only talking about those already receiving similar value government assistance Its not easy to discuss this when the proposal being discussed seems to shift. Arguing that existing programs should be replaced with a single payment for the current beneficiaries is not UBI and the two should not be conflated.