For completeness the study should also be financed by wealth tax on the asset owners in the area, who can also vote.
If everybody can have one vote per dollar, this system would probably tend to zero UBI. If everybody can have one vote per person then some equitable equilibrium could develop.
The rich person will have a choice. Either stay and compete for the money that was taken from other rich people with this tax and given to poor people that are way easier to extort or leave and forgo the opportunity and go to some other place where the only money that's available for taking is what poor earned with their work.
If I were a skillful rich person I'd stay, because that could help me to raise in ranks of the rich more quickly. If I was skilless rich person I'd get the hell out of there because other rich would be getting my money redistributed through this tax.
If everybody can have one vote per dollar, this system would probably tend to zero UBI. If everybody can have one vote per person then some equitable equilibrium could develop.