[wildwood]

This is becoming my biggest concern about these Basic Income plans, too.

Giving this amount of money to every person in Switzerland would total almost half of the country's GDP.

Even if you exclude children and get the total amount down around 30% of GDP, you're still right around the total amount of money that the Swiss government takes in in a year.

So to get this basic income with no new taxes, the Swiss government would have to abandon all its other obligations. Or, put another way, to fund this and still function at the same level, the Swiss government would have to double its tax income.

[stretchwithme]

I think the voters realize this and will likely reject this. The idea got 100,000 signatures on a petition and that's all that has happened so far.

[randomknowledge]

Remember that everyone above median income is going to end up paying what they receive right back to the government in taxes. Only half the adult population will actually see this money as a check and not just a tax break.