Live data from Hacker News

AB2712 – California Universal Basic Income

leginfo.legislature.ca.gov

31–40 of 207 posts

Re: AB2712 – California Universal Basic Income

#31
post #22

Perhaps the authors of the bill are unaware that the U in UBI means Universal. If your unemployment benefits are less that UBI, you should get the difference in UBI, similarly excluding Medicaid recipients seems well, plain stupid.

It doesn't exclude medicaid, that's a federal program. These are the programs it excludes:

> Medi-Cal program, the County Medical Services Program, the CalFresh program, the CalWORKs program, or Unemployment Insurance

I'm not entirely sure why, though.

Re: AB2712 – California Universal Basic Income

#32
post #24

Can they not do basic math? There are around 30 mil adults in California. Even if provision 18992.1 (b) is 5 mil people, that's still 25 mil people. That's 25 mil * $12,000 = $300 bil a year. The ENTIRE California state budget for 2020 is only $220 bil. They would have to more than double the tax revenue for a state with already very high taxes. Now, assuming the most generous interpretation of their 10% VAT proposal…

This bill will not pass. Its introduction is primarily a signalling exercise and a populist rallying cry.

Re: AB2712 – California Universal Basic Income

#34
post #2

Good - let's have a real world test and see whether there is something behind UBI as a concept. And perhaps this'll be the first program to survive the trolls and nay-sayers who will find the smallest niche failures and sspout the "If ANYONE falls through the cracks it's a FAILURE!"

It’s not UBI if you means test a lot of the poor out of it, which this bill actually does. Instead, it’s just going to push them even further away from things like stable housing, as landlords jack up rents to eat it all up.

[deleted]

Re: AB2712 – California Universal Basic Income

#35
post #24

Can they not do basic math? There are around 30 mil adults in California. Even if provision 18992.1 (b) is 5 mil people, that's still 25 mil people. That's 25 mil * $12,000 = $300 bil a year. The ENTIRE California state budget for 2020 is only $220 bil. They would have to more than double the tax revenue for a state with already very high taxes. Now, assuming the most generous interpretation of their 10% VAT proposal…

[deleted]

Re: AB2712 – California Universal Basic Income

#39
post #24

Can they not do basic math? There are around 30 mil adults in California. Even if provision 18992.1 (b) is 5 mil people, that's still 25 mil people. That's 25 mil * $12,000 = $300 bil a year. The ENTIRE California state budget for 2020 is only $220 bil. They would have to more than double the tax revenue for a state with already very high taxes. Now, assuming the most generous interpretation of their 10% VAT proposal…

Boy, I already pay some of the highest taxes in the country and now I get to pay more. For what? They cannot manage anything else properly in this state.

Re: AB2712 – California Universal Basic Income

#40
post #24

Can they not do basic math? There are around 30 mil adults in California. Even if provision 18992.1 (b) is 5 mil people, that's still 25 mil people. That's 25 mil * $12,000 = $300 bil a year. The ENTIRE California state budget for 2020 is only $220 bil. They would have to more than double the tax revenue for a state with already very high taxes. Now, assuming the most generous interpretation of their 10% VAT proposal…

Is the idea isn't that economy is far from efficient and that this cost will be recouped by having people way more productive and happier (thus not faking illnesses, idleing at work they don't enjoy) ?
Post reply on HN