The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.

  • jeffw@lemmy.world
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    6 months ago

    It decreases with income, as I said. If we give $2,000 to everyone making under $60k, for example, then decrease it for every few bucks you make. You’d probably have to do something like a 10:1 ratio where is you make $60,010, you’d get $1999 and so on. That would mean people making $80k or more don’t get anything. And they don’t really need it anyway.

    But regardless, UBI, even under Yang, is always an attempt to destroy and replace our current welfare system. Poor people would barely get any more than they currently do under SSI

    • 3volver@lemmy.worldOP
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      6 months ago

      Your assumption that SSI would be somehow removed or replaced is shit. Universal basic income should never be based on income, it goes against the entire point. Universal basic income would be on top of any existing benefits and wouldn’t impact any other benefits.