Comment Re:The BBC is funded through forced payments (Score 1) 79
Funny that we can without a problem see the benefits of a universal basic expense for something but somehow the same idea eludes us when it comes to income...
If ten million people chip in the $5 price of a coffee, you've got $50,000,000 you can spend on capital projects, social programs, etc. Alternatively, you can gut $50,000,000 worth of social programs and buy ten million people a coffee. The real issue with UBI isn't that people don't see the benefit, it's actually finding the money to implement it. Using some quick and dirty math, just take any dollar value you think is a reasonable UBI, multiply it by the number of eligible adults living in a country, and compare it to the GDP of said country to determine the approximate tax rate required to sustain such a program. Unless you're considering seizing the assets of the wealthy, in which case: O7