The only way to fund this would be to elminate all - other safety nets. Someoone proposed

The problem with this is why should one person - work any harder than another

And there you have it. - anon

Wrong thinking. Most people would want more than subsistence - and will work for it

This is not something that makes everybody - get paid a monthly salary

It's kind of goofy though... Are you going to pay the rich too? - sm

In Finland they are first trying it out with the unemployed. sm - oldtimer

Do they have 300+ million people in their country? - Truthhurts

What about those people who are on SS and don't have - Truthhurts

No, it's not. That's the Alaska oil revenues. Read the article again - Truthhurts

“Since 1982, Alaska has been distributing some of its oil revenue as an annual payment, ranging from about $1,000 to $3,000, to every resident including children.”

Some of the ideas get rid of ALL benefits like Social Security, Medicare, Medicaid, food stamps, etc. Some keep the benefits but the taxes on those who still work would be tremendously high.

Here’s the part you missed:

Libertarian backers would replace all or most welfare programs with a monthly cash payment….. replace all transfer payments including welfare, food stamps, housing subsidies, the earned income tax credit, Social Security, Medicare and Medicaid. It would also eliminate farm subsidies and “corporate welfare.”

In exchange, each American older than 21 would get a monthly payment totaling $13,000 a year, of which $3,000 would go to health insurance.

By contrast, “those left of center like the idea of using (basic income) as a supplement to the existing safety net,...”

……if you made it enough to keep people above poverty — $1,000 a month is a popular number — “it starts to add up to a very significant portion of the GDP,” Foster said.

Andy Stern, a senior fellow at the Economic Security Project, has proposed a “left-of-center” plan that would give every adult 18 to 64 a monthly cash payment of $1,000. It would replace welfare programs such as food stamps, the earned income tax credit, unemployment and Supplemental Security Income. But it would keep Social Security, Medicare, Medicaid and Social Security disability.

I want all these liberal billionaires to give their - money away first.

I also posed such a question to a friend - anon

That's the way communism got started in Russia - Truthhurts

In case you haven't noticed, many liberal....sm - oldtimer

It's one thing to give you money away to whom ever you - chose. It's another to give a specific

Give it away willingly is one thing. Being forced to is another. - That's not charity.

I pay taxes - Others benefit

Recently there was leftist business owner who promised to pay - all his employees $75,000 a year.

That's where many people have a problem with UBI - anon

Tell that to Costco. nm - VTMT

I hope you are not talking about Gravity Payments in Seattle... - sm

Don't some of the OPEC nations have that? - Interesting... sm

Interesting points about universal income - I particularly like