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Re:Universal basic income: A nonprofit is about to test it i... by simonebrunozzi on Friday April 15, 2016 @12:11PM (#11505417)
I don't know why you're being upvoted. Your argument, to me, is meaningless.

Basic income is about having enough money to eat and get shelter, without ANY need to work - and see what happens to human beings in that condition. If the same human being has to fund its own basic income, what's the point?

Basic income, to me, HAS to be funded by someone other than the recipient. Otherwise, it's no experiment at all.

Re:Universal basic income: A nonprofit is about to test it i... by JonFish85 on Friday April 15, 2016 @12:19PM (#11505485)
I get the "point" of UBI, but there is the problem of who pays for it. The answer of "other folks" is very difficult, and to me, the most controversial part of it, which is what I said.

To make sure we have the same premise, Universal, by definition, means everyone within a certain boundary (e.g. citizen of a country, city, state, whatever) receives the money, regardless of their income, location, etc?

To be functional, the money that is doled out needs to be collected from somewhere. It isn't that each specific person needs to fund themselves, but the set of people that receive the "Universal" basic income needs to generate the income needed to pay for it. If an outside set of people pays for it, then it's not a universal basic income, it's something else -- it's taking money from one set of people to give to another. I believe the whole idea of UBI is that everyone gets that same money.

The real problem is the collection problem: if you have a set of these 3,000 people who receive, say, $100/mo (made-up number), then I think a true test of Universal Basic Income is that the income has to come from that same set of 3,000 people.

In what way is that meaningless? I think it's a valid question to ask.

Re:Universal basic income: A nonprofit is about to test it i... by AnthonyMouse on Friday April 15, 2016 @12:43PM (#11505678)
> The real problem is the collection problem: if you have a set of these 3,000 people who receive, say, $100/mo (made-up number), then I think a true test of Universal Basic Income is that the income has to come from that same set of 3,000 people.

That clearly isn't how a real UBI would work. If you literally take $100/month from everyone and then give it back to them, nothing happens. It would have zero effect.

The way UBI works in practice is that everyone gets a fixed amount of money and then everyone pays a fixed percentage in taxes, so that more of the UBI is funded by the wealthier people who pay more taxes. Which is what the experiment is doing.

In theory to make it accurate they should also impose a "tax" on the participants based on how much money they make from external sources, i.e. if one of the participants has a job paying $200/month and we want to emulate a 20% tax rate then they get a $100/month UBI but the funders take back $40 (20% of $200) as "tax" to "fund" it. Obviously that wouldn't work if someone had above average income (i.e. they made $1000/month in Kenya and would have a "tax" exceeding the UBI) because nobody would volunteer for a study that cost them money. But you could at least see what a UBI would do for poorer populations, which would seem to be the interesting question, because for richer people it just looks a lot like any other "take from the rich and give to the poor" welfare program.

Re:Universal basic income: A nonprofit is about to test it i... by JonFish85 on Friday April 15, 2016 @12:57PM (#11505812)
Right, I'm not saying that everyone pays themselves $100/mo; clearly that's not going to do a thing. I'm saying that I think the same set of people who receive the money should be taxed to pay for it. The thing of UBI is that it will be paid by your average person who isn't wealthy, it will be paid by the upper middle class.

Your example of people volunteering for a study that costs them money is exactly the problem that I am describing, and for a system such as this to work, that's how it would end up--taxes go up for people who this doesn't benefit, and as much fun as it is to assume that "other rich people" will pay for it, it doesn't work that way. That's why I think a better test is to select a group of people to self-fund their own UBI -- some people pay $140 and receive $100. Others pay $20 and receive $100.

Re:Universal basic income: A nonprofit is about to test it i... by AnthonyMouse on Friday April 15, 2016 @01:06PM (#11505893)
> The thing of UBI is that it will be paid by your average person who isn't wealthy, it will be paid by the upper middle class.

That's generally how all taxes work. The people with more money than average pay more than average and the people with less money than average pay less than average. But the people who make $1 more than average are only suffering a net loss of $.20, whereas the people who make $100,000 more than average are paying net $20,000.

> That's why I think a better test is to select a group of people to self-fund their own UBI -- some people pay $140 and receive $100. Others pay $20 and receive $100.

In other words what you think we should do is to actually make it a law somewhere?

Re:Universal basic income: A nonprofit is about to test it i... by clueless123 on Friday April 15, 2016 @12:40PM (#11505649)
It is an experiment. If the experiment shows a big enough benefit (increase in productivity, reduced costs on healthcare, improvements on education, etc) then, you start thinking where is that money coming from.
Re:Universal basic income: A nonprofit is about to test it i... by notahacker on Friday April 15, 2016 @02:12PM (#11506427)
But we don't need to run an experiment to know that giving 6000 people regular income will make them generally better off; that's obvious, especially in the context of a developing country.

We need to run an experiment to identify whether redistributing tax money to everybody equally and unconditionally results in better outcomes than various other existing or proposed systems of needs-based handouts, which is a completely different scenario, not least because for a significant proportion of people in the experiment this is going to represent a reduction in their current incomes or other benefits.

Re:Universal basic income: A nonprofit is about to test it i... by yompers888 on Friday April 15, 2016 @02:24PM (#11506511)
You contradict yourself. You've just responded to the meaning of his post after stating its lack thereof. Please be more precise in your insults, and perhaps be less dismissive overall.

Worse than the lack of civility in your response is that you've attracted people to vote for it. Thus your comment is appearing before more useful ones below, which actually show why parent's objections are counterproductive, or at best, concerns for a later time (since he wants to load too many unknowns into a single study.)

Re:Universal basic income: A nonprofit is about to test it i... by washadjeffmad on Friday April 15, 2016 @03:23PM (#11506947)
Funded by something, not necessarily someone.

As automation replaces larger portions of previously human-held positions, it could either be taxed on behalf of or socialized for investment by the basic income receiving communities.

Granted the ideal scenario for that is a long way off, but the incentives don't have to be.

Re:Universal basic income: A nonprofit is about to test it i... by nksjndfdf on Friday April 15, 2016 @04:00PM (#11507203)
The problem is that basic income is not enough. Most of the people who will receive it will still need and want more. This means they will still be looking for work, and will be willing to accept lower wages, because they have the basic income. This will in turn drag down wages for everyone and end up as a tax-payer subsidy for employers - effectively, part of wages will be paid by the government/tax payers through basic income.