If 100 homeless people were given $750 per month for a year, no questions asked, what would they spend it on?
That question was at the core of a controlled study conducted by a San Francisco-based nonprofit and the USC Suzanne Dworak-Peck School of Social Work.
The results were so promising that the researchers decided to publish results after only six months. The answer: food, 36.6%; housing, 19.5%; transportation, 12.7%; clothing, 11.5%; and healthcare, 6.2%, leaving only 13.6% uncategorized.
Those who got the stipend were less likely to be unsheltered after six months and able to meet more of their basic needs than a control group that got no money, and half as likely as the control group to have an episode of being unsheltered.
Multiply that by 653,000, and then ask how much you’re willing to chip in to that.
That is $489M. There are 160M tax payers in the US.
Everyone gives and extra $5/mo, and we can raise it to $1000/mo UBI. Then incorporate more people as the tax base increases.
That’s $5.85 billion dude.
750*653,000 = 489,750,000.
How so that $5.85B?
$9,000/yr multiplied by 653,000 is $5.8BN per year. Try and keep up.
Do basic math. If we are talking about $5/mo per person, that means you got $60/yr per person. 60*160M=$9.6B.
When taking taxes, 1 $10B isn’t a ton of money, let alone half that. And that’s just taking total tax payers at a flat rate. If you graduate it according to income, you could easily make this manageable for all persons. $5.89B is .13% of the total US tax revenue. So an additional .13% of tax revenue to help out .17% of the US population.
Keep up.