Enter your values for a new universal basic income and an effective tax rate to phase out the benefit. We will calculate the cost and show you the new individual income distribution. For details, refer to the CBO's 2016 Fiscal Outlook, Table 3-2. Note (from CBO's footnotes): "Data on spending for benefit programs in this table generally exclude administrative costs, which are discretionary". See note in the original DQYDJ article for significance.