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Re:It Is Time For Basic Income by nitrogen on Saturday March 22, 2014 @02:25PM (#7450204)
You don't actually need all $6T, because most people will be paying taxes that equal or exceed what they receive from BI.

You mentioned earlier that BI disincentivizes work. How so? It seems to me that it would not, because the basic income doesn't disappear the instant you start working even a little bit.

Re:It Is Time For Basic Income by thaumasiotes on Sunday March 23, 2014 @12:04AM (#7452086)
This one is pretty straightforward. BI disincentivizes work because it stays with you if you stop working. On the common assumption that people are working for the money, not for the joy of showing up, this reduces the penalty for not working, which will cause a rise in... not working.
Re:It Is Time For Basic Income by dllthomas on Sunday March 23, 2014 @01:48PM (#7454229)
It's certainly true that BI will reduce incentives to work, 1) on paid projects, 2) first order, 3) amongst those who are not currently receiving assistance.

Regarding each of these caveats in turn:

1) There are plenty of projects that we individually may deem socially worthwhile that we don't pay for. Parents raising their children being probably the strongest example, but there are other places where value is simply hard to capture. Incentive to work on these is not decreased by BI.

2) Incentive to work depends on what people are willing to pay you for your labor. If BI ultimately means people are willing/able to pay for more things then the total incentive to work may rise. So far as I'm aware, this is not a settled question (it seems a probable second-order consequence but possibly drowned by inflation, &c...)

3) Anyone currently receiving disability or welfare payments is not merely being paid despite not working, they're effectively being paid not to work. Transitioning to unconditional support will clearly increase their incentive to work.

What all this does in aggregate is not at all clear to me.

Re:It Is Time For Basic Income by nitrogen on Sunday March 23, 2014 @12:40AM (#7452154)
The arguments for BI that I've read here on HN assert that this isn't a problem, because people who don't want to be working are a net drain on the systems in which they work, and/or they will be replaced by people who want to work a little bit but can't because they will lose disability.

The incentive to continue working even if you receive BI is that BI won't be enough to have a luxurious lifestyle, just enough to meet basic needs and educate oneself.

Re:It Is Time For Basic Income by ThomPete on Sunday March 23, 2014 @12:33PM (#7453917)
With BI it always is beneficial to work. Even if you only work for a couple of months a year (for instance picking strawberries) you will make more money than not doing anything.

So if anything BI incentives people to work even if only for once in a while.

Re:It Is Time For Basic Income by dllthomas on Sunday March 23, 2014 @01:51PM (#7454239)
All this shows is that BI doesn't entirely eliminate existing incentives to work. That's uncontroversial. It could still very well be that BI provides a disincentive relative to an identical system without BI.
Re:It Is Time For Basic Income by ThomPete on Sunday March 23, 2014 @03:07PM (#7454561)
No that is actually one of the major claims from opponents of BI and thus controversial. That it removes the incentive for someone to work.

But there is nothing that indicates this at all. In fact the Canadian experiment mincome although not conclusive did not show people in general stopping to work.

http://en.wikipedia.org/wiki/Mincome

Re:It Is Time For Basic Income by dllthomas on Sunday March 23, 2014 @03:59PM (#7454838)
You think a major claim of BI opponents is that there is zero remaining incentive to work, as opposed to simply a substantially reduced incentive? Show me anyone (who understands that BI isn't lost when someone works) making that claim anywhere.

I agree with you that the evidence shows there is not even substantially reduced incentive. In the case of Mincome in particular, it did show a decrease in hours worked, which is consistent with the claim that you were objecting to - that BI reduces the incentives for work (relative to the same system with no BI). Asserting that the global disincentive is small and that conditional assistance provides far more disincentive would have been entirely appropriate. Asserting that there is zero disincentive - without an explanation for why we saw one in Mincome - is not, and your earlier comment was arguing that by asserting remaining incentive was not zero which just doesn't make sense as an argument.

Re:It Is Time For Basic Income by ThomPete on Sunday March 23, 2014 @05:36PM (#7455285)
I think you should read what I wrote again and perhaps you will realize that i did not make any claims about zero disincentive.

What I said was that it always will pay off to work and therefore incentives people to work.

Thats a very different argument than the one you are arguing against.

Re:It Is Time For Basic Income by dllthomas on Sunday March 23, 2014 @06:20PM (#7455486)
So your assertion is that you were making a true statement that was utterly unrelated to the subthread you were replying in?
Re:It Is Time For Basic Income by ThomPete on Sunday March 23, 2014 @06:49PM (#7455594)
I was replying to this:

"...This one is pretty straightforward. BI disincentivizes work because it stays with you if you stop working. On the common assumption that people are working for the money, not for the joy of showing up, this reduces the penalty for not working, which will cause a rise in... not working..."

More specifically this sentence:

"...On the common assumption that people are working for the money..."

Re:It Is Time For Basic Income by dllthomas on Sunday March 23, 2014 @08:11PM (#7455873)
I think you need to re-read what you wrote in response to that.
Re:It Is Time For Basic Income by ThomPete on Sunday March 23, 2014 @08:16PM (#7455888)
No you just need to understand what I am actually saying.
Re:It Is Time For Basic Income by dllthomas on Sunday March 23, 2014 @08:32PM (#7455944)
Then please clarify, because it still reads like you were arguing past the post entirely.

You said:

"With BI it always is beneficial to work."

As an aside, this is not quite true - if I value my time more than the wages offered, or if working has associated costs that exceed my wages, it might not be beneficial - but it is certainly the case that you don't wind up with less money because you worked because of BI.

However, more importantly, this doesn't disagree with thaumasiotes's comment and I don't see how it's relevant to the parent discussion.

"Even if you only work for a couple of months a year (for instance picking strawberries) you will make more money than not doing anything."

This is true, and a great advantage that BI has over conditional transfers or assistance. It's still not actually relevant to the parent's point. Absent BI, this is still the case, and the incentive will be higher.

"So if anything BI incentives people to work even if only for once in a while."

This seems entirely false, in terms of anything that was presented here. It is the case that people remain incentivized, but it is not the BI that 8provides* that incentive. The change due to introducing BI is that paid work is less incentivized, which is the same as saying "BI disincentivizes work."

Re:It Is Time For Basic Income by eanzenberg on Sunday March 23, 2014 @09:16PM (#7456108)
You will cause entrepreneurs and job-creaters to leave the country. The U.S. isn't in a bubble. Why would someone making 6 or more figures want to be taxed 60%+ for their work?