Universal Basic Income Explained in Minutes – Alec Zaffiro – Medium The sum of the money needed to fund $12,000/year for every American adult is roughly $3 trillion. This total is quickly cut down to $1.8 trillion due to exclusion of those who already receive $1,000 from the government via welfare and other benefit programs. The dividend brings everyone up to a thousand (e.g. if you receive $700 from government, UBI will cover the other $300), but it won’t stack on top of this amount. So $1.8 trillion is the number. Where does this come from? It’s important to […]
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