Aug 16, 2012
A shift of 10 per cent of national income away from working households might seem inconceivable, but of course that’s precisely what’s happened in the US over the last twenty or thirty years, except that the beneficiaries have not been the poor but the top 1 per cent. So, if that money were clawed back by the state, it could fund a UBI at no additional cost to the 99 per cent.—Universal basic income: how much would it cost? — Crooked Timber
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A quoteblog by Aaron Swartz.
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