The Panama Papers prove it: America can afford a universal basic income 

The Tax Justice Network estimates the global elite are sitting on 21–32 TRILLION DOLLARS of untaxed assets. Clearly, only a portion of that is owed to the US or any other nation in taxes – the highest tax bracket in the US is 39.6% of income. But consider that a small universal income of $2,000 a year to every adult in the US – enough to keep some people from missing a mortgage payment or skimping on food or medicine – would cost only around $563bn each year.

Source: The Panama Papers prove it: America can afford a universal basic income | Colin Holtz | Opinion | The Guardian

About Stan Flouride

THIS BLOG IS ALWAYS AD-FREE I make stuff and do things.
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