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Re:A Basic Income Should Be the Next Big Thing by serge2k on Tuesday May 03, 2016 @09:40PM (#11625581)
> Yes, you can reduce the amount paid out by making it not a universal basic income scheme any more. But that rather misses the point.

If you consider as a method to introduce an income floor it makes sense. At 100k+ I really don't need any sort of basic income. A senior citizen getting paid social security is already getting the money out of that bucket (arguably that bucket should be phased out and everyone should be entitled to their basic income instead, perhaps with extra breaks for seniors).

I really don't support just giving out 30k a year to everyone. I can see the logic in giving out money to get everyone to that level (or whatever sensible number). I also think it's sensible to say that the benfit doesn't just go away if you start a job making 35k a year, but it does start to reduce as your income goes up. This gives you an incentive to work, even if your job isn't that high paying, but makes the program cheaper by not giving out money to people who really don't need it.

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