Let's also give every person a universal trust fund invested in large index funds (deduct $2/day from monthly #UBI checks, $233B/yr) so that 60 years from now (when there is the very real possibility that robots will be able to do most of our jobs), we & future generations can all live entirely on dividends issued via annuities (by owning shares in the corporations that use robots to eliminate jobs) as our primary source of income. Then we can finally cut UBI itself, social security, welfare, UI & taxes. :-)
Great piece!
Simply excellent. Thank you.
I have added a link to your article in the Master Directory to Universal Basic Income.
https://docs.google.com/document/d/1Ed8miTiLnV-9MWgIeg8QuHlSVc18I6c3BUH5fuWdsMI/edit?usp=drivesdk
Let's also give every person a universal trust fund invested in large index funds (deduct $2/day from monthly #UBI checks, $233B/yr) so that 60 years from now (when there is the very real possibility that robots will be able to do most of our jobs), we & future generations can all live entirely on dividends issued via annuities (by owning shares in the corporations that use robots to eliminate jobs) as our primary source of income. Then we can finally cut UBI itself, social security, welfare, UI & taxes. :-)
http://bit.ly/universaltrustfund