The only thing wrong with this idea is that it doesn't say, "Print LOTS of money," and "Give everybody a BIG check." If this were to happen, money would inflate itself out of  value existence, Bitcoin would take over, people would find ways around Government Internet controls over Bitcoin, taxes would be gone, Government and banking crooks would be forced to go somewhere else to try to "squeeze" the people, and Government would become small again.

Oops! Then we'd have the gigantic problem of finding the crooks. At least now we know right where they are.