5 ms·
Though, on the contrary, you'd have to now pay people X amount above BI to get them to do menial jobs. i.e. if you get $10k from BI or can get $12k from workin
by justinv 10y ago
Though, on the contrary, you'd have to now pay people X amount above BI to get them to do menial jobs.
i.e. if you get $10k from BI or can get $12k from working building widgets, you'd have to decide if that time spent making widgets is worth the $2k extra vs the opportunity cost of leisure or painting or whatever.
- dragonwriter 10y ago> i.e. if you get $10k from BI or can get $12k from working building widgets, you'd have to decide if that time spent making widgets is worth the $2k extra That's not how UBI works. The "U" in "UBI" is "unconditional", referring (among other things [0]) to the fact that it isn't means-tested; that is, it isn't reduced for outside income. So, if you have $10k in UBI and there are jobs making $12k building widgets, you don't get $2k extra from working, you get $12k extra [1]. [0] It also refers to the absence of behavior testing, which is a common feature alongside means testing of public welfare programs. [1] Before taxes. Income (including payroll) taxes will reduce this, but you don't lose UBI dollar-for-dollar (or, for that matter, at all) with outside income.