Re:I Am Sam Altman, President of Y Combinator. AMA
by dvainsencher on Saturday March 19, 2016 @08:16AM
(#11318237)
I won't argue about definitions, except to say I am following [1], and suggest you do the same (because it is a use of words that matches their general meanings, not because it is there).
Unless taxation and reporting are made trivial (which is hard without giving up on privacy including cash), the poorest do not have the money or time to jump through hoops. Hence UBI, having the minimal requirements, will help the most of the poorest. This more than compensates for the (arguable, but I'll concede it) bug of giving some money to the rich as well.
Unless taxation and reporting are made trivial (which is hard without giving up on privacy including cash), the poorest do not have the money or time to jump through hoops. Hence UBI, having the minimal requirements, will help the most of the poorest. This more than compensates for the (arguable, but I'll concede it) bug of giving some money to the rich as well.
[1] https://en.wikipedia.org/wiki/Basic_income