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A universal basic income to the ultra wealthy would be perceived by them as being given a couple pennies every month (lemmy.world)
submitted 5 months ago* (last edited 5 months ago) by 3volver@lemmy.world to c/showerthoughts@lemmy.world
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The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.

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[-] jeffw@lemmy.world 0 points 5 months ago* (last edited 5 months ago)

Ok, the alternative is removing SSI, which is always how it’s been presented in the USA. People always get excited and never read the full language in proposals.

Here’s a great article on why it won’t work: https://www.rebelnews.ie/2021/07/05/universal-basic-income-socialist-case-against/

this post was submitted on 27 Apr 2024
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