(January 6, 2024 at 6:40 am)neil Wrote:(January 6, 2024 at 6:07 am)BrianSoddingBoru4 Wrote: Would the UBI be in addition to or in lieu of aid to the poor already in place?
Would you put an upper income limit on the UBI?
Boru
A UBI could be implemented in addition to aid to the poor already in place; I also happen to believe that there are ways that aid to the poor already in place can be improved without a UBI, and with a UBI, I think it might be able to further improve aid to the poor already in place.
Personally I don't think that there's any need to put an upper income limit on a UBI; with the approach I propose, everyone gets UBI regardless of income, since it's compensation that the wealthy would be just as entitled to, as compensation in exchange for property rights, as the poor.
Economically/mathematically speaking, it wouldn't be a drain on the allocation of tax (or tariff, etc.) revenue collected from payouts to wealthy vs. poor individuals, since the ratio of wealthy people to poor people is huge; this makes the total going to the wealthy a negligible amount, compared to what still remains for the poor.
You don't think it'll be a tough sell giving a billionaire the same amount as you give a single mum trying to feed three kids?
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax