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Bill Gates says a 3-day work week where 'machines can make all the food and stuff' isn't a bad idea
(www.businessinsider.com)
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this post was submitted on 23 Nov 2023
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Yes, funding UBI with raised corporate taxes is absolutely not optional, I agree completely.
At the end of the day, simplified, UBI means: massive cuts to the workforce, in lieu of technology that can perform the exact same tasks more efficiently, for less; all the while paying people money at the same or similar levels of what they earned before.
It would be insane to assume the former would just grow wealthier over night while the latter is relegated to being financed by - in this example - wishful thinking. The money's gotta come from somewhere, and it makes sense it be the same place it's (supposed to be) coming from now.