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> So in net you're not actually giving that $1k/month out to everyone, only the people who don't otherwise make anything Wrong! Wrong wrong! That is BI, not UB
by nebabyte 9y ago
> So in net you're not actually giving that $1k/month out to everyone, only the people who don't otherwise make anything
Wrong! Wrong wrong! That is BI, not UBI!
This is not just a technicality. The difference between these two is fundamental and massive. A BI scheme (where working means a deterioration of your passive check) ACTIVELY DISCOURAGES WORKING and should absolutely be fought against at every turn, as it paves a bad path for UBI adoption.
UBI - Universal basic income - argues for everyone receiving a baseline to cover fundamentals - shelter, food, clothing - and encouraging them to work to gain things beyond those fundamentals.
UBI should be reworked - for instance, subsidizing housing or food or using 'colored coins' or crypto tokens (or some other technology) to ensure the use on those resources is assured and economically sustainable - but BI is not a workable idea as it actually likely to result in the failure mode that people are quick to assume - a lazy populace - would be the end result of basic income efforts.
- malyk 9y agoOr it's universal in that everyone gets $12k every year but it's taxed back as you earn more. Say, once you start making 75k we tax back $1000 of UBI. Then at $95k you tax back $2k. At $115k wetax back $3k. Obviously a sliding scale along the way. That means a person won't start getting the UBI "taken away" until they make 140% of the median household income. Should mostly reduce the affect UBI has on working.
- nebabyte 9y agoThat's still BI. There's a foundational difference between a world wherein everyone is considered equal for the basic human resources and those who earn more are effectively told that because they do they're an outgroup to that basic net. Giving the Bill Gates $12k each is a drop in the bucket and absolutely shouldn't be trimmed away in the name of optimization. Those who believe in UBI as I do maintain a hard-line on this.