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re: Andrew Yang on Google, Amazon helping pay for his $1,000-per-month UBI plan
Posted on 8/20/19 at 3:17 pm to OleWarSkuleAlum
Posted on 8/20/19 at 3:17 pm to OleWarSkuleAlum
350,000,000 people times 12 month a year times 1000 a month is 4.2 trillion dollars per year.
Even if you only give it to the bottom half of the population it's still 2.1 trillion dollars per year.
Google makes roughly 100 billion ( LINK) in revenue a year total and Amazon around 200 billion ( LINK) in revenue. Not profit. Revenue.
So if we do $1000 a month UBI for the bottom half of the citizens of the country and Amazon and Google both donate the entirety of all of their revenue streams for the year the US gov still has to come up with 2 trillion dollars per year.
Even if you only give it to the bottom half of the population it's still 2.1 trillion dollars per year.
Google makes roughly 100 billion ( LINK) in revenue a year total and Amazon around 200 billion ( LINK) in revenue. Not profit. Revenue.
So if we do $1000 a month UBI for the bottom half of the citizens of the country and Amazon and Google both donate the entirety of all of their revenue streams for the year the US gov still has to come up with 2 trillion dollars per year.
This post was edited on 8/20/19 at 3:21 pm
Posted on 8/20/19 at 5:12 pm to Nguyener
quote:
350,000,000 people times 12 month a year times 1000 a month is 4.2 trillion dollars per year.
The UBI only goes to citizens over 18, so you're starting off overstating by 200 million people. It is still around 2 trillion annually though.
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