Opening Word document…
Costs for a UBI is all of our current tax revenue. Magnifies the link.
Doar ’18 [Robert Doar; Spring 2018; “Universal Basic Income Would Undermine the Success of Our Safety Net”; Morgridge Fellow in Poverty Studies at the American Enterprise Institute; George W. Bush Institute; https://www.bushcenter.org/catalyst/are-we-ready/doar-universal-basic-income \\pairie]
The first problem is the money. A truly universal payment of $10,000 to every citizen every year adds up to a new expense of about $3 trillion, well more than we spend on our social safety net now, and close to the entirety of the tax revenue currently collected by the federal government.
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