>It screams to me "Let's have a Universal Basic Income" already.
I don't think people want poor people to exist. However no-one has solved the supply side of "Give everyone free money". Every time I ask if someone has actually figured out how to do this that isn't 3-4 times the current Federal Budget you get a bunch of hand waving.
Handing everyone $10,000/year (not even UBI levels) requires gathering $10,000/year in either service cuts, or increased taxation.
Even if we presume everyone over the poverty line gets $10,000 added to their taxes to cancel the benefit out. That still leaves us with a $10,000 hole for every person under the poverty line.
12.5% of American's live below the poverty line. That's 41,025,000 people. Which is an insane number. The $10,000 a year would be around $410 billion per year.
So if America eliminated the Military budget, they could pay for $10,000 to each person below the poverty line... however odds are laying off 70% of the Military would result in more people living below the poverty line.
It's possible, however no-one wants to highlight what 410 billion dollars a year can be cut from a budget, or who wants to pay 410 billion dollars a year in extra taxes.. additionally that number is based on a _very_ low amount of $10,000. If you wanted to hand out top ups to the poverty line in America it would cost even more money.
I don't think people want poor people to exist. However no-one has solved the supply side of "Give everyone free money". Every time I ask if someone has actually figured out how to do this that isn't 3-4 times the current Federal Budget you get a bunch of hand waving.
Handing everyone $10,000/year (not even UBI levels) requires gathering $10,000/year in either service cuts, or increased taxation.
Even if we presume everyone over the poverty line gets $10,000 added to their taxes to cancel the benefit out. That still leaves us with a $10,000 hole for every person under the poverty line.
12.5% of American's live below the poverty line. That's 41,025,000 people. Which is an insane number. The $10,000 a year would be around $410 billion per year.
So if America eliminated the Military budget, they could pay for $10,000 to each person below the poverty line... however odds are laying off 70% of the Military would result in more people living below the poverty line.
It's possible, however no-one wants to highlight what 410 billion dollars a year can be cut from a budget, or who wants to pay 410 billion dollars a year in extra taxes.. additionally that number is based on a _very_ low amount of $10,000. If you wanted to hand out top ups to the poverty line in America it would cost even more money.