The entire federal income tax revenues are about $1.5 trillion/year. Corp income tax under the new tax bill will be well under $500 million/year. That money funds everything except social security and some of Medicare.

Right now we don’t have the money for a health care reform or infrastructure rebuilding. And we going to spend the entire federal tax revenues except the payroll tax on a UBI? This is beyond fantasy.

There are answers. Unfortunately, Medium forbids me from including a link to one of my columns describing another solution in this comment.