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An Honest Discussion About A Universal Basic Income | Economics Explained

Economics Explained

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Universal Basic Income

A thousand dollars a month to all eligible americans would cost at least two and a half trillion dollars. This also makes the argument of cutting down on administrative costs a little bit hollow. There really is no genuine plan for a universal basic income that doesn't involve raising more taxes. Some advocates simply say that it should be funded with taxes levied exclusively on the extremely wealthy.

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