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mk  ·  2559 days ago  ·  link  ·    ·  parent  ·  post: Sam Altman: American Equity

It seems that he is floating the idea of Universal Basic Income by another name. I don't think another name is necessary. If social welfare inefficiencies can be improved by UBI, then there are arguments that people of all tax brackets can buy into.

UBI needn't be a livable wage, but it could be an extension where progressive taxation falls short, and progressive taxation falls short to the extent that the lowest wages aren't livable.