I have a few problems with this:
1. This bill leaves open the possibility of infinite UBI, even if or when we don't need it. Remember, our government is affected by this economy too, and if UBI is extended past the timeframe we need it, the budget could suffer.
2. Why exactly are we lowering the
corprate tax bracket? I get some large corporations are dealing with massive stock drops, particularly the airline and manufacturing industries, but that doesn't mean big tech, pharmaceutical, and retail corporations should get a free ride. I know it's unpopular, but I believe that bailouts of the suffering industries would be a better solution in a separate bill. It's an evil, but a necessary one, or hell, leaving section 4 as is and eliminating the corporate tax bracket adjustment would work just as fine.
3.
d) A business is eligible for the loans made available in this section if the business-
i) Is based in the Republic of Atlasia.
ii) Has incurred losses as a result of coronavirus such that the continued operations of the business are jeopardized, as determined by the Department of the Treasury.
A bit too open-ended for my liking, there should be a set value of how jeopardized a business is (i.e, lost X% of value). We can't just have Amazon waltz in and hand them a bag of money. Would rather have this section be for smaller businesses or a specific set of industries like in 4a.
That's about it, solid otherwise.