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Or — now hear me out — we give all that money to corporations and watch it trickle down to these people. Probably in spades!
First of all, I know you're being sarcastic and I'm agreeing with you, not trying to counteract your sarcasm.
What is so frustrating is, these are just made up numbers, invisible to everyone but the banks, being hoarded in tax havens. These multi billion (trillion?) dollar companies just stockpile it in Ireland or the Cayman Islands or wherever, they don't put it back into the economy. You can bet your ass that these low income people put it right back into the economy. How could they even hoard it? Tax the corporations properly and go after the dodgers with all we have, it's our only way out of this mess.
Edit: Apparently they did the same thing to Ireland: https://www.cnet.com/tech/tech-industry/apple-paradise-papers-reportedly-cash-jersey-channel-island-to-avoid-irish-taxes/
I'm more concerned about made up numbers in the original article on Denver's pilot UBI. I want to game this out with help, the math doesn't quite add up.