Siddharth Subramanian

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$1,000-a-month UBI is possible, and if correctly designed it would not help the poor at the expense of the middle class, raise taxes obscenely, or fail to end poverty. If you were to limit the payments to anyone not receiving Social Security and eliminate the food stamp and welfare programs, the net cost would come to something like $2.5 trillion a year. If you were to eliminate or tax back payments to anyone in the top two-fifths of the income scale (right now, anyone making over $72,000 a year or so), the cost would fall closer to $1 trillion. Throw in a financial transactions tax, expand ...more
Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
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