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RE: Mathematics of Basic income. The illusionary high cost.

in #basicincome • 6 years ago

Bingo! You are absolutely correct. The net cost of UBI is the true cost for the same reason no one with $80 would ever look at something with a $100 price tag and a $50 instant rebate as being too expensive.

https://medium.com/basic-income/the-cost-of-universal-basic-income-is-the-net-transfer-amount-not-the-gross-price-tag-acb8aa5eab73

Upvoted, resteemed, followed, and shared on Reddit. Cheers!

6 years ago in #basicincome by
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     6 years ago  

    Thanks Scott!
    For everyone reading this thread in the future. Here is the reddit discussion