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> It would probably provide for living comfortably Not if we increase the amount of money compared to what's currently spent on welfare by several times. Or if
by Wytwwww 2y ago
> It would probably provide for living comfortably
Not if we increase the amount of money compared to what's currently spent on welfare by several times. Or if we don't and just replace current targeted welfare schemes with UBI the people who can't actually work will just be reduced to extreme poverty.
e.g. US Federal revenue is ~$13k and spending $18k per capita and that includes everything. Even if it were somehow possible to double tax revenue with no negative outcomes it would hardly be sufficient.