The UBI Already Exists. It Is Just Unevenly Distributed
So let us do the math here. Providing every person $10,000 a year would sum up to about $3.2 trillion. This would be passive income paid out to people with no strings attached and without them having to work for it. Now ask yourself: do we have any other kind of income in our society that is paid out passively to people with no strings attached and without them having to work for it? Yes. We do. It is called “capital income” or, at other times, the “net operating surplus.” How much capital income is there in our current economy? $5 trillion.