Some problems with the video, though:

#1: In the United States really just one thing needs to change, budget-wise, and it's got jack shit to do with existing welfare (which should be eliminated certainly) or even corporate taxation (which shouldn't be skirted as it often is) -- it's the military. Get it right people!
#2: If the US eliminated its military, other countries could follow suit. They could then afford basic income schemes.
#3: If all the money going into warfare was put towards-- ANYTHING else, it'd be a tidal wave of cash big enough to cause a flourishing of humanity, instead of its destruction.