Request For Research: Basic Income

Re:Request For Research: Basic Income by derefr on Wednesday January 27, 2016 @10:13PM (#10985908)

Note that by my specific definition above, it doesn't really matter what's a "necessity"—that's just a cute flavor-word. They're really "inelastic-demand dollars."

And my point was that even UBI falls over when someone gets their UBI taken away by a fine. Starving is starving.

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Re:Request For Research: Basic Income by tehmaco on Thursday January 28, 2016 @11:46AM (#10989252)

Not sure on the viability of it, but couldn't there be something in place that states that fines can only be levied at a maximum 10%/month of the UBI?

So if you get a parking ticket (presumably <1% UBI), you can just pay it, but if you get a large fine (20% UBI), you'd pay it off in two monthly payments of 10% each.

You'd probably need something in place to intervene if someone's constantly paying 10% every month due to multiple fines to prevent people racking up daft amounts of fines and just 'living on 90%'

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Re:Request For Research: Basic Income by andrewjl on Wednesday January 27, 2016 @10:53PM (#10986115)

Agree with you about the fines.

Everyone has a slightly different demand elasticity for certain goods. To use myself as an example, I would buy the same amount of coffee if the price doubled tomorrow, but someone else may choose to cut back on their coffee consumption.

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