The following is a step by step instruction for implementing a basic income in the United States.
Step 1 : The government introduces a basic income of $40 per month for all citizens. 300 million of the 325 million inhabitants are US citizens.
The required funds are $40 x 12 x 300 million citizens = $144,000 million, $144 billion.This is financed by a levy of 10 cents per kwh of electricity consumed by households, which is 1,440 billion kwh per year. So the levy amounts to 1,440 billion kwh x $ 0.1 = $144 billion.Since all people who get the […]
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