LogFAQs > #885800516

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Topic"I do not support a livable wage"
Smarkil
08/31/17 6:28:58 PM
#56:


Kyuubi4269 posted...
Smarkil posted...
So 77,500,000 x 1500 = 116,280,000,000. 120 billion dollars spent every month to support people under the poverty line. That's roughly 1.5 trillion dollars spent every year in order to support a UBI for that 40% of the population.

-$1trillion spent on welfare and that's $500 billion.


Even if you could get rid of the welfare budget (good fucking luck), where are you going to get 500 billion from?

Even if you taxed 100% of the income of everyone making 1 million or more, you'd get something like 700 billion.

So I guess that works if you just take 100% of the income of those people.
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