Thursday, August 25, 2016

A Rant in Ignorance: Basic Income

The Rant

  1. Of the dreams to have, basic income is one of the best.
  2. The idea holds a strong common sense appeal
  3. But what are the numbers? Does it actually make sense?








As with many discussions on social issues:
  • The frequent discourse on the topic appeals to one's common sense
  • There is a strong sense of promised fulfillment
  • There is much repetition, with layers of depth, but:
    •  none of that depth ever addresses real numbers
    •  discussions of complications and weaknesses do not exist 








RED FLAGS!




Welcome to this rant in ignorance.



SO WHAT'S THE EFFING NUMBER!

(How much would basic income cost?)









Common introductions to Basic Income mention $1000/month/person. The United States has ~320,000,000 citizens. So immediately we get a minimum yearly cost of ~324m * 1000 * 12 = $3.888 trillion.

1st Wave of Basic Income Costs 4 Trillion Dollars a Year





















HOW MUCH IS THE TAXES!!
HOW MUCH IS THE TAXES!!

(How many dollars does the Government pull in?)

 






2012 Federal Tax Revenue by State


Federal Tax Revenue Was $2.5 Trillion in 2012.

Notice The US Avg on a Person's Tax Rate is $7,918



















 Ok, so my ignorant rant is assuaged for now. At least I have some idea of proportionality.





to be continued....







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