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Re:Citi's Chief Economist Recommends a Universal Basic Income by kamaal on Friday September 04, 2015 @06:35PM (#10173166)
How much would that be? 40%? That still close to $5 trillion.

How will willingly pay $5 trillion of taxes after all the hard work only to watch everybody else living of their work for free?

Re:Citi's Chief Economist Recommends a Universal Basic Income by bryanlarsen on Friday September 04, 2015 @06:41PM (#10173177)
Subtract 2 - 3 trillion worth of welfare, unemployment benefits, the minimum wage, social security, etc and it suddenly starts looking feasible. Expensive, yes, but feasible.
Re:Citi's Chief Economist Recommends a Universal Basic Income by kamaal on Friday September 04, 2015 @07:01PM (#10173229)
Please help me understand this. You promise to pay someone $x, but you will only pay $x-90%(say $y)

The person receiving $y is actually getting it from the very taxes they pay. So essentially what you are giving them is a tax discount. Except in cases where a person makes $0, for which you have social security anyway.

So this is basically a tax discount? You could simply say based on their income some a% of tax discount will be offered every year.