RE: https://mastodon.social/@mstarace/116189305249740123

Why would a family of four only get $12K? Why not $12K/yr/person? If we account for 360 million Americans * $12K/year, then we need to add an additional $4.32 Trillion USD to the current $6.8T budget each year to pay Universal Basic Income for everyone.

All we have to do is increase the money supply by that much, and tax land values to balance the inflation.

"Wealth tax" won't work, especially not one designed to result in a one-time payment. #Economics matters, Bernie. #UBI #LVT #USpol