November 15, 2015

Universal Basic Income: Does the Math Add Up? - A Data Analysis from Data4America

Data and math can’t always separate truth from fiction. But even in the face of uncertainty, they can often separate plausible from ridiculous. For example, if you say we should eliminate the income tax and pay for it by cutting defense spending by 50%, I can collect the data, add up the numbers, and ask you what you’re going to do about the other $1 trillion in lost revenue.