this post was submitted on 06 Oct 2023
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Uplifting News

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cross-posted from: https://lemmit.online/post/1021018

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The original was posted on /r/upliftingnews by /u/DyeZaster on 2023-10-05 17:58:02.

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[–] [email protected] 6 points 1 year ago (1 children)

You would have to start at the most vulnerable. Then eventually, you would have to target the adults who make 70k or less which is about 70% of the adult population. Then, taper it down up to 100k. This would be app. 2 trillion. I think what a lot of people are missing is, we may not have a choice to not have some kind of UBI with robots taking over quite a few jobs in the next 50 years. We have to get corporations and billionaires to pay more taxes as well. The bottom 80% are paying most of the taxes. Don't forget that trump paid $0-$700 in taxes for quite a few years and I'm sure that's more common than not.

The benefits of UBI would be:

  • More people living in rural areas because they don't have to go to the city to get jobs. They could work in a grocery store and live a decent life.
  • Have the opportunity to develop new businesses.
  • More people going to school because they could afford it.
  • More money being spent and more taxes received from that.

Right now, our money is being funneled up to the rich shareholders of these huge companies instead of going to Americans who aren't even getting by.

[–] [email protected] -5 points 1 year ago (1 children)

It's over 3.5 trillion if given to everyone.

Source on the bottom 80% paying most of the taxes please?

Don't forget redirecting over half the budget to fund a UBI significantly alters the US economy.

[–] [email protected] 4 points 1 year ago (2 children)

You obviously didn't read what I said, it's not to give to everyone.

[–] [email protected] -5 points 1 year ago

If it isn't for everyone it isn't universal. Even at 2 trillion it would devastate our economy. We don't have that much free money in the system.