News for hackers. Stuff that matters.

A comment on UBI Would Likely Increase Poverty Rather Than Reduce It (2019). Parent comment

Re:UBI Would Likely Increase Poverty Rather Than Reduce It (... by phpisthebest on Tuesday October 11, 2022 @07:29AM (#33162032)
your anecdote is not valid counter to my point in comparing a Person who has kids making 100K+ with a Person working a Job at Walmart making say 40K

So if you would like to address my claims then I am all ears, but so far you have not done that

[ Parent | on HN ]
Re:UBI Would Likely Increase Poverty Rather Than Reduce It (... by rtp4me on Tuesday October 11, 2022 @08:32AM (#33162565)
Not trying to be argumentative here, but you seem really focused on "wealthy people" taking more from non-wealthy. Please see here: https://www.cnbc.com/2022/06/11/the-pandemic-stimulus-checks...

Specifically, the end of the page has a table that shows what % of people received those stimulus checks. According to this table, 75% of the first stimulus checks were issued to people making less than $100K while only 11% making over $100K received checks. For the second stimulus, 76% making less than $100K got checks (versus 10% making over $100K). Similar numbers apply for the third stimulus.

If you can find different evidence, please share. I would like to learn more...

[ Parent | on HN ]