Re:Universal basic income: A nonprofit is about to test it i...
by surfaceTensi0n on Friday April 15, 2016 @12:11PM
(#11505415)
Why do you think UBI would be paid for by people who need it most? My assumption is that it would be paid for with a combination of cuts to social programs (i.e. those replaced by UBI) and more progressive taxes and/or corporations. So in effect it still will be "rich folks" paying for UBI.
Re:Universal basic income: A nonprofit is about to test it i...
by notahacker on Friday April 15, 2016 @02:25PM
(#11506520)
Depends on whether you pay for it mostly from increased taxes or cuts to benefits. It's certainly possible to design a UBI programme where comfortably middle class families are the chief beneficiaries and existing state handout recipients, (i.e. "poor folks") the chief losers. And it's certainly true that many of UBI's most prominent proponents on the right are also amongst the most prominent opponents of any attempt to raise taxes on the rich...
Re:Universal basic income: A nonprofit is about to test it i...
by surfaceTensi0n on Saturday April 16, 2016 @12:56PM
(#11511276)
Yeah, I guess that assumption is an optimistic one. I tend to mostly think of UBI as a left/progressive issue. I only have a passing familiarity with what folks on the right think about UBI but mostly historically, not present day. Got any links handy to help me broaden my horizons?
Re:Universal basic income: A nonprofit is about to test it i...
by TallGuyShort on Friday April 15, 2016 @12:42PM
(#11505667)
That's not so different from how tax and welfare currently works in America, and the current redistributions are far more complex than UBI would be.
Re:Universal basic income: A nonprofit is about to test it i...
by kmonsen on Friday April 15, 2016 @01:55PM
(#11506309)
Except the UBI tax will be very large, and in addition to current entitlements.
Re:Universal basic income: A nonprofit is about to test it i...
by TallGuyShort on Friday April 15, 2016 @03:26PM
(#11506973)
Isn't the whole point of UBI to replace other entitlements? If everyone has basic income, why have food stamps? Or disability? Or social security?
Re:Universal basic income: A nonprofit is about to test it i...
by TallGuyShort on Monday April 18, 2016 @11:02AM
(#11520429)
Thanks - those are good points...
It's much simpler to make money appear out of thin air (as it effectively is when you take millions of dollars from rich folks in California) and distribute it in Africa. But if you have to take money some folks' pockets in Africa to give to their neighbors, that to me is a more 1-to-1 comparison at what happens for a UBI.