This is just an allowance and a start. If you want to fix safety nets, target increasing unemployment taxes and payout rates and getting single payer health on the ballot.

Social safety nets include having money in the bank, being able to buy groceries, saving a bit more into retirement because you have an extra $750 in your bank account, being able to pay for a prescription, to fix a flat tire to get to work, a baby sitter, childcare, some gas to go hiking or whatever you need to keep your head on straight...some social safety nets don't need administration, just direct payments.

Homelessness is far from the only social issue of concern Just off the top of my head, I know that the covid stimulus payments in 2020 and 2021 accompanied by unemployment payments with meaningful increases through the fall of 2020 led to a historically massive decrease in child poverty in the US. Any economist, social scientist or educator would agree that the single most valuable thing we can do to improve the state of the world and reduce future problems is to invest in children's physical, social and mental health. In addition to children, people with full-time job(s), yes JOBS who still can't pay rent, or are more aggressively cutting back on groceries as they can't afford items that corporate price gouging "inflation" have rendered unaffordable in the past several years.

I agree an upper income limit would make this a more progressive tax, but considering how progressive the nature of the bill is, if the upper 5-10 % of people get $750 they won't care, but it'll mean a hell of a lot for the other 90% of folks.