You’re misunderstanding the UBI, then. I’m not a supporter, but EVERYONE would get the UBI, regardless of whether they work or not.
So store employees wouldn’t lose the UBI if they work at a store for less than the UBI. They’d just (say) make $150,000 instead of $100,000 per year.
If the UBI is designed to cover housing, food, medical insurance, and basic clothing, the extra $50,000 per year would allow for better versions of those items, or extra money for travel, recreation, hobbies, etc, etc.[/quote]
But where does the money come from. That is the point. No matter what the number is how do you take enough from the haves so that the have nots can have guaranteed shelter and food. Understand where the money has to come from and then you’ll understand why giving everybody the same UBI makes it essentially worthless. The economy will just rebalance itself to the added income especially if it’s done via deceit spending.
It’s the same as a massive increase in rental property tax to provide for housing vouchers. Alternatively setting rent as no more than 30% of household income. The net result to a landlord is the same. If you tax me $20K and give me back $10K it’s the same as taxing me $10K[/quote]
Did you even read the article? I think the point was that the money would come from cutting and getting rid of EVERY SINGLE entitlement program we currently have now.
That means no more food stamps, no more SS, no more unemployment, etc…No more John Legal vs Juan Illegal gaming the system since whether you work or not, you got the same payment.
You also have crap systems now in place like unemployment where companies “try” to fire you and deny you benefits when you were laid off through no fault of your own. My own company did this and I was “forced” to resign or I’d have a bad mark you can say on my permanent record…
Anyhow, this payment (only for citizens) is meant to cover ALL those programs being gotten rid of.
You can imagine all those programs cost billions more and this was an idea to lower those costs.
I can see some benefits of this, but it will be probably impossible to implement, especially in our political environment.
For some people with 0 income, this can be a way to get like a monthly stipend to at least eat. A portion would also be automatically deducted for healthcare so your 13k became 10k. With EVERYONE funding healthcare as well (21 year olds don’t cost 3k to insure normally), this can possibly help with medical costs for everyone.
All I’d say is our current entitlement programs are crap and mostly a waste of money. You take away a lot of the government waste and let people choose how to spend it and maybe we’d a better system.
