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As myself and others have pointed out, at $1k/month, UBI would have liabilities of $3T/year. Is that in place of SS, Welfare, and Healthcare? That’s what would
by jonhohle 4y ago
As myself and others have pointed out, at $1k/month, UBI would have liabilities of $3T/year. Is that in place of SS, Welfare, and Healthcare? That’s what would be required to offset that amount.
Or to invert it given the currents system: every man, woman, and child is currently taxed $1k/month to fund existing social service liabilities that are concentrated to a fraction of the population. How do you expand that benefit _and_ include all people as recipients without generating new revenue (e.g. raising taxes).