/biz/ - Business & Finance

>>12995757
234m adults in US = $2.8T
Vast majority on welfare, and large portion on social security will opt in, cancelling existing plans = $1T of current budget redirected. VAT at half the european average (10%) = $800b. increased consumer spending/job creation/economic growth = $600b (roosevelt institute projection). Final $400b from savings across healthcare, incarceration, homelessness services etc. a 0.1% financial transaction tax, changes to capital gains/carried interest tax, carbon fee and dividend (50% towards UBI).
As far as I know he doesn't exactly plan to cut military spending substantially, but redirect 10% to rebuilding infrastructure.