Re:A universal income is not such a silly idea
by vilhelm_s on Thursday November 28, 2013 @02:17PM
(#6815992)
Apparently the total income in the US is $13,401,868,693,000 (according to http://bber.unm.edu/econ/us-tpi.htm), which is about $43k per person.
So funding a $20k/person basic income would correspond to about 50% tax? Actually I think this is an overestimate, since the declared incomes do not cover social security and corporate taxes.
So funding a $20k/person basic income would correspond to about 50% tax? Actually I think this is an overestimate, since the declared incomes do not cover social security and corporate taxes.