The Trump Tax Cut versus Universal Basic Income

"Everyone gets it, the poor, the rich, the middle class, the deserving and the undeserving alike. You, me, Rupert Murdoch, Beyonce, and the homeless man sleeping in the gutter get exactly the same cash payment. It is nothing if not equitable and fair."

The fairness isn't about who gets it...it's about who pays for it. If Beyonce gets $100 in UBI, but then has to pay out $10,000, it's not really that 'fair'.

The whole problem with UBI is the long-term, not the short-term. We will probably see a slight increase in prosperity in the short-term.

However, as more and more people start to rely on it, there will be less people to tax. Not to mention the inflation this will cause. It's actually a decrease in pay for the rest of us because our money won't go as far.

I would rather see our money go toward educating people to be more self-sufficient.