Re:People kept working, became healthier while on basic inco...
by AnthonyMouse on Thursday March 05, 2020 @12:36PM
(#22495844)
> All studies so far show a pretty consistent ~10% work disincentive. This is what all the detractors say when they say it disincentivizes work.
Most of these studies aren't done independent of existing means-tested government benefits. Then the UBI amount in itself is typically not enough to disqualify from eligibility for means-tested benefits, but a UBI plus a job would phase out nearly everything.
So you have on the one hand more subsidy living on the UBI plus existing government benefits than you would if the UBI would replace existing government benefits, and on the other hand still all the same disincentive to work of the existing system because taking a job results in the loss of government benefits, which results in a very high de facto tax rate and corresponding disincentive to work.
Most of these studies aren't done independent of existing means-tested government benefits. Then the UBI amount in itself is typically not enough to disqualify from eligibility for means-tested benefits, but a UBI plus a job would phase out nearly everything.
So you have on the one hand more subsidy living on the UBI plus existing government benefits than you would if the UBI would replace existing government benefits, and on the other hand still all the same disincentive to work of the existing system because taking a job results in the loss of government benefits, which results in a very high de facto tax rate and corresponding disincentive to work.