LogFAQs > #886070930

Questionmarktarius posted...

Paying every adult $1000 a month adds up to $3 trillion a year. The current entire federal budget is about $3.8 trillion.

$1k a month seems a bit too much to be honest, don't want to make it easy/comfortable for people to not work at all, but also want to prevent people from commiting crimes so they don't starve etc.

$500 seems like a better number to me.

Also by making changes to how taxes are collected (flat tax), and reducing costs on thinks like prisons, while also taxing drugs etc (instead of spending tons on trying to prevent their use), you could make up for a ton of that.

Since that $500 is actually going to be spent anyway (and taxed when spent in many cases) AND that $500 would count as income (so if the flat tax was 40%....anyone making more then their personal deduction would only net $300 a month, and then pay taxes on things they buy with that) you might even see an over all surplus in the budget when everything is said and done.

Meanwhile $500 is enough for anyone to live on, not comfortably, but homeless would no longer be able to go around begging for cash (They get $500...more then enough to take care of themselves). No more food stamps etc either (thought I would say still provide free meals for kids, and expand that to 3 times a day (even during summer) since it's literally like 39 cents per meal cost.

Largest bonus of the $500 would go to those working minimum wage or close, who barely make enough to get by, the mentally ill, homeless people for whatever reason etc. It would also probably drastically reduce crime (especially in combo with drug laws changing).

Net result would probably be very positive, but only one way to find out.
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