No, you can do a UBI that keeps the money supply the same, and use it as a way to stabilize the economy.
With a $2000/mo UBI, 50% flat tax on other income, 25% VAT, phase it in by doing 10% of that the first year (and 90% of your current taxes, 90% of current support payments), second year 20% and 80%, so the impact isn't too disruptive.
Adjust the flat tax rate as the Federal budget changed (a spending bill is automatically a tax bill as well). Adjust the VAT to control inflation.
nradov|1 year ago
theasisa|1 year ago
That slacker is already getting high and playing on Xbox. With UBI they will have less worries about staying alive and the opportunity to try things to get more money. UBI is a great insentive for people to try new things without there being a financial risk of you losing your income. Just check the trials and their results - people are more productive and happy in general.
OKRainbowKid|1 year ago