Re:Raising Floor for Minimum Wage Pushes Economy into the Un...
by dragonwriter on Monday July 27, 2015 @03:43PM
(#9957543)
> An EITC would more effectively incentivize the poor to work than unconditional basic income.
Maybe, but:
(1) This is an assertion provided without evidence, and
(2) The purpose of the basic income isn't to incentivize poor people to work, anyway, and
(3) Poor people, even before considering EITC or Basic Income, have more than sufficient incentive to work, what they generally lack is opportunity to work with their current skill set, and opportunity to gain the skills needed to work where it is in demand without trading off present necessities.
Maybe, but:
(1) This is an assertion provided without evidence, and (2) The purpose of the basic income isn't to incentivize poor people to work, anyway, and (3) Poor people, even before considering EITC or Basic Income, have more than sufficient incentive to work, what they generally lack is opportunity to work with their current skill set, and opportunity to gain the skills needed to work where it is in demand without trading off present necessities.