← Back to context

Comment by phendrenad2

16 days ago

Furthermore, people are stuck thinking about the world in a worker/employer dynamic. But there are scenarios where everyone in New York state could be paid UBI. There are 20 million people in the state, let's say we pay each one $100k/year. That's $2 trillion. Conveniently, the current GDP of New York state is $2.3 trillion. If they can increase that to 5+, it should be no problem distributing 50% to the citizens. And how can they do that? By charging high taxes on any business that wants to do business in NY. By leveraging their strategic access to the NY harbors. By essentially turning the entire state into a business, everyone inside it an employee or shareholder, and everyone outside a customer.