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by balefrost 2173 days ago
Unless we decide to print money, not everybody will end up with an extra $1000 / month. The money that would be paid out in UBI will either come from taxes or from efficiencies gained by dropping the patchwork of benefits programs.

My expectation is that if I receive $12k / year in UBI, my tax burden will likely also increase by about $12k / year - maybe less, probably more. I don't think UBI would have any significant effect on me unless I lose by job (or decide to quit, which is an advantage of UBI).

I think the scenario you describe might affect poorer people, though. It really depends on how much the other social programs are walked back under UBI. If a poor family gains $1k in UBI but also loses $1k in other welfare programs, then landlords will likely not be able to raise rent without also losing tenants.