UBI in SF Bay Area if we were Limitarians
If all wealth above $10 million per person in the nine-county San Francisco Bay Area was equally distributed among everyone in the region, how much would each person get?
The 9 counties: San Francisco, Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Solano, and Sonoma have a population total of 7.7 million
If all personal wealth above $10 million per person in the Bay Area were confiscated and redistributed equally, each resident would receive approximately $116,900 as a one-time UBI.
That one-time redistribution could fund a $1,000/month UBI for every person in the Bay Area for — 9.7 years.
If we gave it only to: Adults (~6 million people) → it would last 12.5 years
If we gave it only to Low-income residents (~3 million people) → it would last 5+ years