(January 6, 2024 at 6:48 am)BrianSoddingBoru4 Wrote:(January 6, 2024 at 6:40 am)neil Wrote: 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
Sure, it can be a tough sell, but it's a matter of being able to deal with such appeal to emotion.
I think that a single mother trying to feed 3 children is more likely to be able to make ends meet in a society where things are running economically smoothly and logically than one where they aren't.
For instance, think of the cascading effect that a UBI (even one that gives $1,000/mo. to both wealthy and poor); it means more bills can be paid, less crimes of necessity occur, etc. That, in turn, means the collective overhead of bills not being paid & less crimes of necessity happening goes down; costs for goods and services go down; the overall economy gets more and more efficient. This I think only scratches the surface & I could go on and on.
Make a good argument - one that's sound or at least valid, and educate people - society will more likely be willing to accept a UBI, even one that pays the same to the wealthy.