Arguably if you cut existing welfare and the bureaucracy and infrastructure it requires and giving every adult say 10000 dollars a year, you may not even have to raise taxes. And if you also cut regulation on employment, like the minimal wage or what employers can fire people over (since jobs aren’t required to live a decent life in a low expense city) the economic gains probably increase tax revenue.
The numbers don’t add up. If you change a targeted program into a universal one, you either need large benefit cuts for some people or large tax increases.
The entire safety net / welfare state might be getting close to $10,000 per capita each year, if you define it broadly, but something like half of it goes to the elderly (through Social Security, Medicare, and pieces of other programs like Medicaid). It’s more like $5,000 per person (on average) for those under 65, and $30,000 per person (on average) for those over 65. So a change like yours would require either large benefit cuts for the elderly—eliminating Social Security & Medicare (and other programs they use) and replacing them with a $10,000 check—or (if you keep the spending on the elderly the same) you’d need a large enough tax increase to double per capita spending on the non-elderly from $5,000 to $10,000.
People with disabilities similarly receive a disproportionate amount of welfare spending (through Medicaid, Medicare, SSI, etc.).
Arguably if you cut existing welfare and the bureaucracy and infrastructure it requires and giving every adult say 10000 dollars a year, you may not even have to raise taxes. And if you also cut regulation on employment, like the minimal wage or what employers can fire people over (since jobs aren’t required to live a decent life in a low expense city) the economic gains probably increase tax revenue.
The numbers don’t add up. If you change a targeted program into a universal one, you either need large benefit cuts for some people or large tax increases.
The entire safety net / welfare state might be getting close to $10,000 per capita each year, if you define it broadly, but something like half of it goes to the elderly (through Social Security, Medicare, and pieces of other programs like Medicaid). It’s more like $5,000 per person (on average) for those under 65, and $30,000 per person (on average) for those over 65. So a change like yours would require either large benefit cuts for the elderly—eliminating Social Security & Medicare (and other programs they use) and replacing them with a $10,000 check—or (if you keep the spending on the elderly the same) you’d need a large enough tax increase to double per capita spending on the non-elderly from $5,000 to $10,000.
People with disabilities similarly receive a disproportionate amount of welfare spending (through Medicaid, Medicare, SSI, etc.).