2019-2020 US Elections Megathread I- It Begins

[Washington Resistance Army]

Alaska has been doing it for decades basically.

Not really. It doesn't cover basic needs. Alaska does what, $2,000 a person? The poverty line for a single person is around $12,000. Giving just poverty levels to every American would be trillions.

About 3.5 trillion if I remember my math right. It would consume something like 70-80% of the federal budget depending on how much it amounted to.

[South Odreria]

Not really. It doesn't cover basic needs. Alaska does what, $2,000 a person? The poverty line for a single person is around $12,000. Giving just poverty levels to every American would be trillions.

It would consume something like 70-80% of the federal budget depending on how much it amounted to.

Solve that problem by tripling everything else in the budget

[Zurkerx]

Not really. It doesn't cover basic needs. Alaska does what, $2,000 a person? The poverty line for a single person is around $12,000. Giving just poverty levels to every American would be trillions.

About 3.5 trillion if I remember my math right. It would consume something like 70-80% of the federal budget depending on how much it amounted to.

For $1,000 dollars a month per Yang's plan? Let's see, that's $12,000 a years and I rounded for the US Population to be 325 million (it's 327.2 million). In all, it's 3.9 trillion dollars a year; 39 trillion over ten years. That's almost double the entire US Budget. Even if you eliminate all social programs (which a UBI would replace), it's still a massive amount of money to raise.

[Kowani]

About 3.5 trillion if I remember my math right. It would consume something like 70-80% of the federal budget depending on how much it amounted to.

For $1,000 dollars a month per Yang's plan? Let's see, that's $12,000 a years and I rounded for the US Population to be 325 million (it's 327.2 million). In all, it's 3.9 trillion dollars a year; 39 trillion over ten years. That's almost double the entire US Budget. Even if you eliminate all social programs (which a UBI would replace), it's still a massive amount of money to raise.

Did any of Yang’s new taxes get factored into this cost analysis?

[Telconi]

For $1,000 dollars a month per Yang's plan? Let's see, that's $12,000 a years and I rounded for the US Population to be 325 million (it's 327.2 million). In all, it's 3.9 trillion dollars a year; 39 trillion over ten years. That's almost double the entire US Budget. Even if you eliminate all social programs (which a UBI would replace), it's still a massive amount of money to raise.

Did any of Yang’s new taxes get factored into this cost analysis?

Do taxes effect the cost of a thing?

[Hakons]

For $1,000 dollars a month per Yang's plan? Let's see, that's $12,000 a years and I rounded for the US Population to be 325 million (it's 327.2 million). In all, it's 3.9 trillion dollars a year; 39 trillion over ten years. That's almost double the entire US Budget. Even if you eliminate all social programs (which a UBI would replace), it's still a massive amount of money to raise.

Did any of Yang’s new taxes get factored into this cost analysis?

Yes, fund universal basic income by taxing everyone's income by the amount required to fund what is being transferred to their incomes?

[Kowani]

Did any of Yang’s new taxes get factored into this cost analysis?

Do taxes effect the cost of a thing?

Helps with the money available to fund UBI. If we’re going to act as if it’s being implemented, then we have to account for everything else that Yang wants to do.

[Ifreann]

Did any of Yang’s new taxes get factored into this cost analysis?

Do taxes effect the cost of a thing?

Government revenues are a very important factor in determining whether a policy can be afforded.

[Telconi]

Do taxes effect the cost of a thing?

Helps with the money available to fund UBI. If we’re going to act as if it’s being implemented, then we have to account for everything else that Yang wants to do.

Sure, doesn't negate the point that he's proposing a new government entitlement to the tune of 3.9 trillion dollars a year.

[Washington Resistance Army]

Don't get me wrong UBI is a wonderful utopian idea and I'd love a free thousand dollarydoos a month but damn it would break the bank. Even assuming he puts other taxes in place it would still eat up a crazy amount of the budget and probably require cuts to a fair amount of other things.

[Kowani]

Did any of Yang’s new taxes get factored into this cost analysis?

Yes, fund universal basic income by taxing everyone's income by the amount required to fund what is being transferred to their incomes?

https://www.yang2020.com/what-is-ubi/
Read the “How to pay for it” section.

[Genivaria]

Personally I see the idea of a year in an expanded AmeriCorps straight out of high school being a very good thing.
I personally know that finding something productive and/or fulfilling straight after high school can be very stressful and frustrating.

[Thuzbekistan]

I'd be all for a UBI. The only fear I have about it is inflation, but I did some googling and this article did pretty good at explaining why this wouldn't be the case. But still, affording it without printing money is the issue.

[Hakons]

Yes, fund universal basic income by taxing everyone's income by the amount required to fund what is being transferred to their incomes?

https://www.yang2020.com/what-is-ubi/
Read the “How to pay for it” section.

It starts with explaining how everything is going to be taxed at 10%. Corporations will eat some of the the cost, but a lot of it will be kicked back to the consumer in higher prices. My extra income is going to be funded by decreasing my purchasing power.
Oh, and VATs disproportionately harm lower-income brackets, because it is effectively a consumption tax.

"Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%."

As much as I want to pay a tithe to the Holy Federal Government on everything I purchase, this is still an absurd proposal. UBI is welfare revisited, just a very, very crappy form of welfare. Welfare systems are largely successful because they give help to the people that need it and make sure that the people receiving it follow certain criteria so the government knows the program is being beneficial to society. UBI gives the majority of the welfare to the people that don't need it and doesn't have any requirements in place for recipients to insure that the policy is even beneficial to society.

[Telconi]

https://www.yang2020.com/what-is-ubi/
Read the “How to pay for it” section.

It starts with explaining how everything is going to be taxed at 10%. Corporations will eat some of the the cost, but a lot of it will be kicked back to the consumer in higher prices. My extra income is going to be funded by decreasing my purchasing power.
Oh, and VATs disproportionately harm lower-income brackets, because it is effectively a consumption tax.

"Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%."

As much as I want to pay a tithe to the Holy Federal Government on everything I purchase, this is still an absurd proposal. UBI is welfare revisited, just a very, very crappy form of welfare. Welfare systems are largely successful because they give help to the people that need it and make sure that the people receiving it follow certain criteria so the government knows the program is being beneficial to society. UBI gives the majority of the welfare to the people that don't need it and doesn't have any requirements in place for recipients to insure that the policy is even beneficial to society.

You mean to tell me you don't want to pay a disproportionate share of a massive tax scheme so that Bull Gates can have 12,000 more dollars a year!?!?!?

[Kowani]

https://www.yang2020.com/what-is-ubi/
Read the “How to pay for it” section.

It starts with explaining how everything is going to be taxed at 10%. Corporations will eat some of the the cost, but a lot of it will be kicked back to the consumer in higher prices. My extra income is going to be funded by decreasing my purchasing power.
Oh, and VATs disproportionately harm lower-income brackets, because it is effectively a consumption tax.

"Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%."

As much as I want to pay a tithe to the Holy Federal Government on everything I purchase, this is still an absurd proposal. UBI is welfare revisited, just a very, very crappy form of welfare. Welfare systems are largely successful because they give help to the people that need it and make sure that the people receiving it follow certain criteria so the government knows the program is being beneficial to society. UBI gives the majority of the welfare to the people that don't need it and doesn't have any requirements in place for recipients to insure that the policy is even beneficial to society.

Nope.

[Hakons]

It starts with explaining how everything is going to be taxed at 10%. Corporations will eat some of the the cost, but a lot of it will be kicked back to the consumer in higher prices. My extra income is going to be funded by decreasing my purchasing power.
Oh, and VATs disproportionately harm lower-income brackets, because it is effectively a consumption tax.

"Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%."

As much as I want to pay a tithe to the Holy Federal Government on everything I purchase, this is still an absurd proposal. UBI is welfare revisited, just a very, very crappy form of welfare. Welfare systems are largely successful because they give help to the people that need it and make sure that the people receiving it follow certain criteria so the government knows the program is being beneficial to society. UBI gives the majority of the welfare to the people that don't need it and doesn't have any requirements in place for recipients to insure that the policy is even beneficial to society.

Nope.

I'm not going to read a PDF that you googled three minutes ago. Actually make an argument.

[Thuzbekistan]

Nope.

I'm not going to read a PDF that you googled three minutes ago. Actually make an argument.

It's a rather short paper that cites sources, actually.

[Hakons]

I'm not going to read a PDF that you googled three minutes ago. Actually make an argument.

It's a rather short paper that cites sources, actually.

Still not an argument. As much as I want to be Kowani's servant, reading whatever article he can google as a "response", it is far more beneficial to Kowani to actually make an argument.

[Thuzbekistan]

It's a rather short paper that cites sources, actually.

Still not an argument. As much as I want to be Kowani's servant, reading whatever article he can google as a "response", it is far more beneficial to Kowani to actually make an argument.

Glad to know you have their best interests at heart

[Republic of Penguinian Astronautia]

UBI is generally more efficient and effective than other welfare systems. I will say, however, that I have questions on how to pay for it and whether VAT is the best idea, although it hasn't destroyed Europe. I have seen proposals say that we could eliminate other welfare ( possible including social security) to pay for it, and that might work.

[Hediacrana]

What would people here think of a Harris/O'Rourke 2020 ticket?

[Nazi Basurian Empire]

face it only yangbucks can mobilize fellah US population today

[Ifreann]

face it only yangbucks can mobilize fellah US population today

Is that so, Mr. ...Nazi?

[Shrillland]

Well, folks, the NY Times has now done a piece on Buttegieg's sacking the South Bend police chief: https://www.msn.com/en-us/news/politics/the-long-run-pete-buttigieg-fired-south-bends-black-police-chief-it-still-stings/ar-BBW6Sb4?li=BBnb7Kz