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Read through comments where the math is being done. Even the most basic UBI (say $500/month) would immediately become the most expensive item in the federal bud
by jonhohle 4y ago
Read through comments where the math is being done. Even the most basic UBI (say $500/month) would immediately become the most expensive item in the federal budget. At $1k/month it’s higher than the top three combined, which currently are nearly half the budget. Are you proposing a 80-90% increase in tax revenues (the federal budget is currently ≈50% higher than collected taxes)?
- scarmig 4y agoI'm pointing out that the parent comment has some bad economics in it, not arguing one way or another about whether we should have a UBI or how it should be funded.