There is no set amount. It's up to us to decide that based on lots of factors. I would day a realistic range though in the US is somewhere between $500/mo and $1500/mo to start.

How can anyone live on $500 a month?

My question is why should we give anyone this money? Those disabled I can see, to all the rest not so much.

Okay, I recommend reading the link I provided as an intro and just going through my pinned tweet full of evidence from experiments. It should become clear.

What would you cut to cover the cost of dropping the retirement age to 18 (or 0)?

? Did you read the article?

It doesn't match with my understanding of what those trials found. Alaska pays $1-2k p/a so not very high/relevant. Finnish study didn't show increase in employment rates. Covid 19 involved huge borrowing which is now generating massive inflation. Inflation = UBI less valuable.

Again, go through my pinned thread. Top to bottom.

The money paid to all Alaskan residents comes from oil royalties.

In a way this can’t be compared. 2K payment would take care of property taxes. $500 per week #BasicIncome and all of a sudden opportunities open up. There is more to society than working 40 hours a week.

Sure. But if the claim is that people will work just as much, but also work less, and pay more tax, and disabled people will get just as much as they do now, and so on then something doesn't add up does it? I think its a lovely idea, but we aren't yet at the 'rich + not enough work to do' phase.

You wrote a book about rethinking taxation and you're not considering anything but taxing work? And you need to understand how the universality of UBI creates new jobs and that nullifies any employment reduction impacts via specific groups like students and new moms.

I mean you haven't read my book, which is fair enough, very few have. But I propose there a generous hourly subsidy for low paid workers. Paying people not to work researchportal.bath.ac.uk/files/196619...

I'm just sceptical that giving extra money to people who don't work because they can afford not to is going to help society. That will be well over a million people in the UK who would suddenly receive govt. support when they don't need it. How much would it cost? www.bbc.co.uk/news/busines...

Also: It’s about FUCKEN TIME we evolve a bit more and stop thinking that work defines us.

#BasicIncome is like an evolutionary step forward for humanity. #UBI and #3DayWorkWeek will reduce pollution by about 40%, therefore no #ClimateChange ?

I support it, but is there a plan for how we stop the landlords, banks, grocery stores etc taking it as a direct subsidy for them yet?

If we didn't already have Social Security, would you be asking the same thing about that?

How can you not see the difference between having some people on it and everyone? What do exploitative corporations do when they have more income to exploit? We see it with the minimum wage (which is also a good policy). It’s a real threat and one that should not be ignored and must be mitigated.

Your logic says that if Social Security didn't exist and then suddenly it did, every landlord would raise the rent on every senior In Alaska, everyone gets money every year. At that time, prices drop. Businesses compete for customers. $1k UBI doesn't mean you have $1k more money to spend after tax

Anyone ignoring the threat of predatory corporations might just be on the side of predatory corporations. With the min wage you can mitigate it by having a living wage as the min. How do we prevent corporations upping the prices of essentials when they know everyone has more money via a UBI?

Its hard to calculate. Once they start printing money to cover it, the inflation that follows will raise the amount needed to cover the same goods and services. It will probably change weekly if not daily.

Supportive needs to consider: "People who have gone through adverse life events (unemployment, bereavement, traumatic events) are more likely to develop depression. Depression can... lead to more stress and dysfunction and worsen the affected person’s life situation and the depression itself."