Minimum wage in many US cities is $15/hr which is $30k/year.
Even at federal minimum wage of $7.50, that means not just taxing Billionaires at 100% but taking everything will give you 2 years of UBI before there is no money.
So why did you inflate it to nearly 3x that amount while arguing about how it can’t work because it’s too expensive? $1000/month is still a lot of money for people.
Because baseline food and shelter is much more expensive in many cities where 80% of the population lives. That’s why minimum wage is $30k in major cities.
But again, this isn’t a wage… people can still make extra money on top of UBI. The goal isn’t to make nobody ever work again. Why pretend you can’t do it because it doesn’t translate to fully automatic luxury gay space communism?
Nobody said it had to be over $2500/month?
Minimum wage in many US cities is $15/hr which is $30k/year.
Even at federal minimum wage of $7.50, that means not just taxing Billionaires at 100% but taking everything will give you 2 years of UBI before there is no money.
So? UBI isn’t a wage for work. It could be $300/month and that would still be a huge boon to struggling people.
The UBI baseline is supposed to be $12000 per year. The premise is it covers food and shelter.
So why did you inflate it to nearly 3x that amount while arguing about how it can’t work because it’s too expensive? $1000/month is still a lot of money for people.
Because baseline food and shelter is much more expensive in many cities where 80% of the population lives. That’s why minimum wage is $30k in major cities.
But again, this isn’t a wage… people can still make extra money on top of UBI. The goal isn’t to make nobody ever work again. Why pretend you can’t do it because it doesn’t translate to fully automatic luxury gay space communism?