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It would not be simply additional spending, as it would replace many existing (much more beaurocratically complex) social security programs. And yes, the tax s
by brazzy 13y ago
It would not be simply additional spending, as it would replace many existing (much more beaurocratically complex) social security programs.
And yes, the tax structure would have to change as well.
- philwelch 13y agohttps://news.ycombinator.com/item?id=6809766 https://news.ycombinator.com/item?id=6809766 It would be a massive net increase in spending and it's not even remotely tenable without changing the tax structure specifically to claw the basic income itself back from most of the recipients.