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tallwookie@lemm.ee ⁨11⁩ ⁨months⁩ ago

just because something works in a small scale/lab test, there’s no way to know if it can be scaled up. 260.8 million adults (ie over the age of 18) in America right now.

$1000/mo = $260.8 billion/mo

$12,000/yr = $3.129 trillon/yr

in FY 2022, the govt spent $6.27 trillion. $1000/mo of UBI would be 49.9% of that figure. UBI would require that Federal taxes go up. WAY UP. I’m not willing to pay more taxes so that everyone gets a free $12,000/yr, the cost doesnt offset the return. it’s just bad economic policy

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