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Quote from: Stadler on July 12, 2017, 08:02:25 AMQuote from: cramx3 on July 11, 2017, 05:22:30 PMQuote from: XeRocks81 on July 11, 2017, 05:20:17 PMQuote from: cramx3 on July 11, 2017, 05:13:56 PMIf the numbers worked out, I wouldn't have a problem either, but the numbers is where I am confused as I have no idea how you make the numbers work for UBI in general.A big part of making the numbers work has to be that it replaces many existing programs, like lordxizor mentioned. edit: beat me to itCan you actually say the numbers erased from those programs equal the number needed for UBI? Sounds nice on paper, maybe it does work, but I am curious if the numbers do in fact work. Not trying to knock lord's idea or UBI in general, just trying to understand the actual funding of such an idea. All those social programs are funded by taxes, what happens when income taxes dry up?Do the math: 323 million people in the U.S. At $1000 a month, you're looking at $3.87 TRILLION a year. That's almost a quarter of our ENTIRE economy, GIVEN to people with no strings attached, on a yearly basis. That's ballpark what the IRS collects in a given year - total - from income tax. My plan would not include anyone less that 18 years old, so that eliminates a lot of people and a lot of the cost you listed. To me the whole purpose of this is to prepare for the days when there are not enough jobs for people who want them, which is coming very soon with AI becoming smarter by the day. What do we do with all those people who literally will not be able to find work?
Quote from: cramx3 on July 11, 2017, 05:22:30 PMQuote from: XeRocks81 on July 11, 2017, 05:20:17 PMQuote from: cramx3 on July 11, 2017, 05:13:56 PMIf the numbers worked out, I wouldn't have a problem either, but the numbers is where I am confused as I have no idea how you make the numbers work for UBI in general.A big part of making the numbers work has to be that it replaces many existing programs, like lordxizor mentioned. edit: beat me to itCan you actually say the numbers erased from those programs equal the number needed for UBI? Sounds nice on paper, maybe it does work, but I am curious if the numbers do in fact work. Not trying to knock lord's idea or UBI in general, just trying to understand the actual funding of such an idea. All those social programs are funded by taxes, what happens when income taxes dry up?Do the math: 323 million people in the U.S. At $1000 a month, you're looking at $3.87 TRILLION a year. That's almost a quarter of our ENTIRE economy, GIVEN to people with no strings attached, on a yearly basis. That's ballpark what the IRS collects in a given year - total - from income tax.
Quote from: XeRocks81 on July 11, 2017, 05:20:17 PMQuote from: cramx3 on July 11, 2017, 05:13:56 PMIf the numbers worked out, I wouldn't have a problem either, but the numbers is where I am confused as I have no idea how you make the numbers work for UBI in general.A big part of making the numbers work has to be that it replaces many existing programs, like lordxizor mentioned. edit: beat me to itCan you actually say the numbers erased from those programs equal the number needed for UBI? Sounds nice on paper, maybe it does work, but I am curious if the numbers do in fact work. Not trying to knock lord's idea or UBI in general, just trying to understand the actual funding of such an idea. All those social programs are funded by taxes, what happens when income taxes dry up?
Quote from: cramx3 on July 11, 2017, 05:13:56 PMIf the numbers worked out, I wouldn't have a problem either, but the numbers is where I am confused as I have no idea how you make the numbers work for UBI in general.A big part of making the numbers work has to be that it replaces many existing programs, like lordxizor mentioned. edit: beat me to it
If the numbers worked out, I wouldn't have a problem either, but the numbers is where I am confused as I have no idea how you make the numbers work for UBI in general.