The $1.1 trillion spent annually on pensions

What pensions? The Federal outlays for nonhealth welfare are under 400b.

The extra tax income from essentially removing the tax-free threshold through UBI (let’s call that $1300pp who earns over $12,000 / year — back of the envelope $200b a year)

I don’t follow. Anyone who earns only 12K a year is paying a negative income tax rate of about 10%.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.