(May 4, 2017 at 9:53 am)Mister Agenda Wrote: That much for 320 million Americans would be over 7.5 trillion dollars a year. The current federal budget is about 3 trillion a year, so that amount for that many people doesn't seem feasible. Make it just adults over 18 and that's about 6 trillion, still double the entire current budget. Universal doesn't seem to work for that amount of money.
If it was given to the 45 million poorest Americans, it would cost slightly over 1 trillion a year, doable with a relatively small tax hike if it replaces almost all current welfare spending.
Yeah, but UBI isn't "pay every American $500 per week."
It is "make sure every person who meets a specific criteria makes at least $500 a week."
So, above 18, employed, training, or actively seeking employment. If you make minimum wage, your paycheck for a full workweek is subsidized. (And the company that paid you less than minimum wage pays a portion of that subsidy to encourage them to just pay you a livable wage)
I agree that five hundo is probably too much, but it could be a sliding scale based on family size and earners. So a married couple with two kids could combine for like $750/week where a single dude with no kids would cap out at $350 or something.
"There remain four irreducible objections to religious faith: that it wholly misrepresents the origins of man and the cosmos, that because of this original error it manages to combine the maximum servility with the maximum of solipsism, that it is both the result and the cause of dangerous sexual repression, and that it is ultimately grounded on wish-thinking." ~Christopher Hitchens, god is not Great
PM me your email address to join the Slack chat! I'll give you a taco(or five) if you join! --->There's an app and everything!<---
PM me your email address to join the Slack chat! I'll give you a taco(or five) if you join! --->There's an app and everything!<---
