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How would you spend $20 million a year? (midwest.social)

submitted 1 year ago by [email protected] to c/[email protected]

71 comments fedilink hide all child comments

Pretend the $20 million is guaranteed, and if anything will increase slightly over time.

What problems could be significantly improved for $20 million?

(I am dreaming of winning the $1.55 billion Powerball drawling. Then taking the lumpsum, posting taxes, investing, and spending 4% each and every year. I understand that the actual may be more, or less than the started amount.)

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[–] [email protected] 6 points 1 year ago (1 children)

Great idea. Some cities are doing this now. I feel once it becomes widespread, it will be gamed and prices will increase.

[–] [email protected] 5 points 1 year ago

That’s why it’s a stepping stone to actual UBI. The U means you can’t game it. Give billionaires $10,000/yr too. Then tax the shit out of carbon to pay for it.