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A comment on Finland Is Considering Testing Giving Every Citizen €800 per Month. Parent comment

Re:Finland Is Considering Testing Giving Every Citizen €800 ... by eanzenberg on Monday December 07, 2015 @03:00PM (#10692215)
What does that equate to, about 40k a year for the US?

$40k * 300M = $1.2 * 10^13, or the whole GDP of the US

Okay maybe that's too luxurious for the common people. Let's say only 20k per year, and to only 200M people.

$20k * 200M = $4 * 10^12, or about the total federal spending for 2015.

So how exactly is the 'richest' nation in the world able to afford this, easily?

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Re:Finland Is Considering Testing Giving Every Citizen €800 ... by beat on Monday December 07, 2015 @03:13PM (#10692321)
You're including children in that.

Also, this would presumably replace Social Security and other welfare costs (or retirees would be excluded).

And finally, people would still be working. I'm sure the taxes I pay would more than cover the cost for giving it to me.

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Re:Finland Is Considering Testing Giving Every Citizen €800 ... by eanzenberg on Monday December 07, 2015 @07:49PM (#10694006)
Where is the line drawn for income where above it you pay more net (through taxes) and below it you pay less?
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