"In 2015, according to PSZ, the richest 1% of people in America received 20.2% of all the income in the nation. Ten points of that 20.2% came from equity income, net interest, housing rents, and the capital component of mixed income. "
How can you possibly equate this to UBI? Everything listed here is money earned through risk/work. UBI is a free check from the government.
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"In 2015, according to PSZ, the richest 1% of people in America received 20.2% of all the income in the nation. Ten points of that 20.2% came from equity income, net interest, housing rents, and the capital component of mixed income. "
How can you possibly equate this to UBI? Everything listed here is money earned through risk/work. UBI is a free check from the government.
The article equates the difference between the capital gains and income taxes as UBI for rich people.