Alternative way to view universal basic income

Alternative way to view universal basic income

DabosDynasty

Heard a discussion on the radio this morning that piqued my interest. What if we took what we spend on SS, Medicaid, and Medicare and replaced those programs with a universal basic income? No additional taxes, just use the money that’s already being taken and distribute it differently and in an admittedly simpler manner.

I decided to do some basic digging to put together a better picture of what that may look like:Based on the 2016 fiscal year total federal expenditures were $3.85 Trillion.Of that $3.85 Trillion 23% went to SS, 14.9% went to Medicare, and 12.9% went to […]

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