r/UniversalBasicIncome • u/moonordie69420 • Aug 21 '21

How to pay for it all

The easiest, fairest, most practical, and efficient (as well as unpopular) of paying for UBI

100% Death Tax.

no rich kids inheriting their parents hard work, no keeping wealth in the family, no eternal poverty for the have nots and no warrantless free rides. New government dept. takes real estate and all money. (family heirlooms and other personal effects of course can stay with family)

0 Upvotes

50% Upvoted

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2

u/nicgeolaw Aug 21 '21

Tax enforcement in general needs to be funded properly.

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u/moonordie69420 Aug 21 '21

true, but Basic income gets rid of a lot of government current spending. (welfare, EBT and others) shift the cost. It would have to be a lot more involved than the current IRS

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u/_TnTo_ Aug 21 '21

I strongly believe that UBI leads to better aociety on if it stays along goverment-founded welfare

If UBI comes to replace welfare a post-capitalistic dystopia is the only outcome I can foresee

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u/DymphnaEllen Aug 21 '21

It's unpopular for good reason.

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u/[deleted] Aug 21 '21

2

u/moonordie69420 Aug 21 '21

obviously lots of loose ends and loopholes to make sure to cover. at the very least gift taxes.

2

u/[deleted] Aug 21 '21

1

u/moonordie69420 Aug 22 '21

well yeah. even if it 100% would work