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Michael Magoon's avatar

If the goal is to assist young families that are just starting out, I think that there are much more cost-effective than UBI. After all, the vast majority of the UBI will not go to young families.

I think that I have a better option:

https://frompovertytoprogress.substack.com/p/the-case-for-a-working-family-tax

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J.K. Lund's avatar

Jon, nice piece about merits of UBI as a means to “reverse” the flow of benefits that currently flow from the young to the old.

At Risk & Progress, I have frequently opined that one of the greatest challenges of the 21st Century is paying for these welfare systems, which I hold are unsustainable. To make UBI affordable, if it ever can be, we are going to need to rethink these welfare programs first.

I would also caution about paying for UBI out of income taxes. My preference would be to distribute it from a social wealth fund, funded by the gifts of nature and society.

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