Quote:
Originally Posted by Barry-xlovecam
A basic income guarantee would cost $3.8 Trillion
Healthcare cost in the USA is about $3 Trillion
_________
$6.8 Trillion
Say you could save 1/3 (ha ha right) with a single payer universal healthcare. That is still $5.8 Trillion from a $18 Trillion GNI (GROSS NATIONAL INCOME).
I ain't getting paid for this so fuck it.
Point is: where the fuck is the money coming from?
woj can do the division he's so fucking good at math :OP
Ballpark, this looks like if you make over $50K AGI per year your new tax rate is 60%
If you make an AGI of $200K your new rate is 90% ?
Trickle up you lose and trickle down you lose also. Yet some people do well without being trust fund babies? How the fuck can that be  |
you are missing one critical detail in all these calculations... that guaranteed income would REPLACE existing social programs... for example, social security which we now pay 12% for, wouldn't be needed anymore... so that 12% right there could be shifted to the new guaranteed income scheme... same for unemployment insurance, food stamps, and dozens of other social programs could all be decommissioned... so the real cost is 3.8T minus whatever obsolete programs we can get rid off...
so like I said before, guaranteed income wouldn't be desirable, not something I would support, but it's actually feasible...