| It's also worth noting that $1K per month for all US citizens would represent materially more than 100% of the current federal tax. US Citizens: Couldn't find a readily available reliable source, so I'll use residents instead. Should be close enough for this math though I'd imagine this would be more likely a citizen program rather than a resident program. US Residents: ~325 million Federal Tax Revenue 2016 - ~3.27 trillion Federal Tax Revenue - ~272 billion / month Federal Tax Revenue - ~$850 / resident / month What if we didn't give it to minors? US residents over 18 - ~247 million Federal Tax Revenue - ~$1100 / resident-over-18 / month That's if we spent it all on UBI, no debt service, no federal employees, no military, no infrastructure spending, no social security, no pensions (even for federal employees who earned them and are legally and morally entitled to them), etc. |
If robots don't end up making society incredibly wealthy and more unequal then there's no point in UBI to begin with. So it doesn't make sense to simply look at current figures.