4 ms·
> When people start talking about UBI, they are really talking about a guaranteed minimum income. No. A guaranteed minimum income means that you can make 500 E
by derdi 2y ago
> When people start talking about UBI, they are really talking about a guaranteed minimum income.
No. A guaranteed minimum income means that you can make 500 Euros scrubbing toilets, and welfare bureaucracy will top that up to 1000 Euros after "means testing".
A UBI means that you get 1000 Euros from the government without bureaucracy. If you so wish, you can earn additional income by scrubbing toilets.
> No one wants to give rich people more money, not even those who conceived of the plan.
There's nothing wrong with giving the rich 1000 Euros like everyone else, as long as tax rates are adjusted so that they effectively give the 1000 Euros back. This zero-sum effect may seem silly, but it's a simple implementation without any additional bureaucracy.
- hellojesus 2y agoThey rich would have to give more back than the 1k they take. Otherwise the program wouldn't be funded for those that give back less than 1k.
- derdi 2y agoSure. There is no magic source of free money. My point was that, even if there were a magic source of free money for the UBI, "don't give money to the rich" would still be implemented in the most simple way as "do give money to the rich, then get it back".