Submitted by berlinparisexpress t3_11nxvg4 in Futurology
expel-the-jesuits t1_jcp4b88 wrote
And where will the money, to pay the 331.9 million people who live in our country, come from? Money comes from production (making products and selling them) and the government doesn't receive money to give away unless they take it from workers' paychecks and the income of businesses, through taxation, first. If basic income is $250 a month, that means workers and businesses will need to pay out an additional $82,975,000,000 in taxes per month to cover the cost. Large corporations, and the wealthy who own them, have the time, the connections, and the monetary resources to lobby for tax breaks. Add to this, the fact, that our politicians belong to the families who own those same corporations. This is also the same government we will have when we start paying for the new program. And, if they printed the money, it would only result in hyperinflation, collapsing our economy. So, who will they force to foot the bill?
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