At that point it's not universal. It's just welfare, no?
But you're right in making the point that the entire population (children) would not be eligible.
RE: My Thoughts on Mark Zuckerberg's Harvard Commencement Speech And Universal Basic Income || Some Calculations
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My Thoughts on Mark Zuckerberg's Harvard Commencement Speech And Universal Basic Income || Some Calculations
Yeah, I agree it is more like welfare and not universal if I'm understanding what he was saying. Seemed odd, but makes more sense than Zuckerberg taking a basic income. Plus, they'd have a heck of a time funding it as you point out. Taxation seems to be the only real way in a capitalist society so ultimately, those who didn't need it and were in a position to pay taxes would essentially be paying for it for those who did need it. (Zuckerberg might get his UBI but his taxes would need to go up in this odd, self defeating sorta way.)
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