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I for one intend to wait and see how these Universal Basic Income experiments play out. Maybe the decrease in overhead for over 9000 social programs will combin

I for one intend to wait and see how these Universal Basic Income experiments play out. Maybe the decrease in overhead for over 9000 social programs will combine with the increased tax revenue generated by additional low income persons entering the workforce (now that doing so works to their financial advantage) and produce enough revenue to offset the cost of the programs. Maybe not.

saiya-jin 10y ago
considering the projected expenses for Swiss proposal - something around 220 billions of CHF per year (~=USD), and if I recall correctly only about 1/3 of it could be saved by reducing social programs and other savings, rest is a necessary steep taxes hike - not likely. It's ridiculously high amount for this tiny, albeit wealthy country. And it goes in exact opposite of what made this country consistently great over last 800 years - belief that you should be successful only if you put in hard and quality work. citizens are given more rights than elsewhere, but also more responsibility over their own destiny. it's ridiculously expensive social experiment. vast majority of people around me is very skeptical since we all know plenty of people (ie from childhood) that live whole life on social help, and they don't contribute anything back. their full time job is slacking, drinking and finding a way to screw system and others more and more. but boy would I wish to see it work! I just don't consider it possible in this century. not even in this great country