Here’s How We Could Fund a UBI Program in the United States

“Like many other people right now, this supporter of the working stiff has quite a bit to say about universal basic income (UBI), but his new book, “Raising the Floor,” is one of just a few sources of detailed information about how UBI could practically be implemented in the U.S.

Since the idea behind UBI is to meet every citizen’s basic needs, like housing and food, without discouraging work and industry, Stern’s plan would pay all 234 million American adults $1,000 a month, placing them at about the federal poverty line ($24,000 a year for a family of four). In the future, the amount would increase automatically based on the GDP’s growth. This will prevent those in power from trying to stagnate the dollar amount, a problem that has surfaced with regards to the minimum wage…”

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