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>"Yes, of course giving people money makes their lives better. It especially works when a very small subset of the population receives such treatment, such that
by BitwiseFool 3y ago
>"Yes, of course giving people money makes their lives better. It especially works when a very small subset of the population receives such treatment, such that their relative income is higher than those outside the experiment."
I've never seen a UBI experiment which demands that the participants pay more in taxes and forfeit all other welfare benefits in exchange for the payment. Every "experiment" so far has been measuring the happiness impact of the upsides without any of the downsides that would be necessary to make the program work.
- AnthonyMouse 3y agoThe payment would already disqualify you from a significant proportion of existing benefits, because they're means tested and now you have more money. Meanwhile the net tax increase would only be on people at higher income levels, but that would be offset by not having to fund those means tested programs anymore, and further offset by receiving the UBI themselves. And maybe we could measure some negative impact if someone making $100,000/year had to pay $5000 more in net taxes than they do now, but maybe we're not that concerned about a small impact on someone who already makes a lot of money.
- Izkata 3y agoThey also have an explicit end date so people know they need to keep working and can't just rely on it.