Comment Re:Not UBI (Score 1) 275
That was a pretty poor description of UBI or at least a pretty poor proposed implementation. It wasn't even close to revenue neutral. There are many ways it could be implemented fundamentally though it relies of direct redistribution of wealth over Government controlled social subsidies.
1) Write everyone a check for $X (let's say $1000) every month. Cut existing programs or increase current taxes to offset cost.
2) A more self managing approach might be to tax everyone X% (let's say 10) of their non-UBI income every say month, and then split that evenly between everyone and redistribute it. This approach automatically scales UBI with the size of the economy, population and inflation.