[jerska]

I’ve computed the 30% of GDP using the same maths as you did before, by taking 10K per capita over 34K of GDP per capita.

Yes taxes are higher in France. Yes some budgets and jobs might need a pay cut to apply a similar model in the US. That doesn’t sound like an impossible task.

All I’m saying is that dismissing the whole idea of your parent comment by saying that a basic income representing a high portion of GDP would imply absurdly high inflation rates is not true, as there are at least a few counter-examples. Maybe the amount is too high. But the idea is not as unreasonable as you made it sound.

Note regarding population decline: France is reaching its peak of aged population / younger blood to infuse the economy following WW2’s baby boom. It will likely not have a higher impact than it currently has today in the upcoming years.