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comment by wasoxygen
wasoxygen  ·  2973 days ago  ·  link  ·    ·  parent  ·  post: Free Money

    taxing the rich disproportionately more

$3.8 trillion is a lot of money. How about a back-of-the-envelope evaluation of the plausibility of extracting this much money every year from "the rich"?

For simplicity, assume that "the rich" will continue working and earning as they did before UBI. (Might as well assume that everyone else will continue working and earning as they did before too.)