#1,919 in Business & money books
Reddit mentions of In Our Hands: A Plan to Replace the Welfare State
Sentiment score: 2
Reddit mentions: 2
We found 2 Reddit mentions of In Our Hands: A Plan to Replace the Welfare State. Here are the top ones.
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| Height | 8.93 Inches |
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| Release date | June 2016 |
| Weight | 0.50926782522 Pounds |
| Width | 0.45 Inches |
> I don't think currently it is feasible
There's several ways to do it. Two good examples:
Charles Murray does it by killing social security and Medicare along with the means-tested programs, and by reducing the size of the UBI somewhat as income rises.
Morgan Kauffman would abolish means-tested programs worth $1 trillion a year but keep social security and Medicare. His idea is to turn a wide range of tax deductions and tax credits into one big refundable tax credit (the UBI). He's also got several other taxes going on, including a carbon tax, a 1.5% assets tax, and an overhaul of the business tax. The end result is a tax system that is a bit more progressive at both ends. The middle class ends up with a few more dollars to spend. Poor people and poor communities gain somewhat more. Poor and middle class parents gain a lot. And rich people end up paying a little bit more, but in a way that simplifies their lives and makes tax planning way easier.
There are other proposals, but all of the serious ones either follow Murray's example in taking away SS/Medicare or they do what Kauffman did by folding the UBI into the tax system so it's not REALLY universal. Yes, everyone gets $1000 a month in Kauffman's system, but it's netted against their taxes, so if their taxes are $1k/month higher then there's no real gain.
What's really interesting is that the author is a Libertarian, but he makes a pragmatic argument for why we should support a UBI. This is his book on the subject.