> requires a massive tax hike on the people who do work Net of the benefit they would be receiving, it doesn't. The average person would be paying $10,000 in t

> requires a massive tax hike on the people who do work Net of the benefit they would be receiving, it doesn't. The average person would be paying $10,000 in taxes to fund the UBI and then receiving a $10,000 UBI. > It would have an inflationary effect on basic goods and services. If you're renting and everybody is getting an extra few thousand a month then landlords know that they can charge a bit more since everyone has that money. Same with staple foods. There is no extra money. It isn't being printed. There are net transfers for people making more or less than average, but then Alice has a little more money than before and Bob has a little less and it's still the same total. Also, that's not how prices work anyway. If people have more money, prices only change if the cost of production is non-linear. If it costs $5 each to make a million sandwiches and $5 each to make two million sandwiches, increasing the number of sandwiches people want just increases the number of sandwiches produced instead of increasing the price of each sandwich. Sometimes an increase in demand causes the unit price to go down because of economies of scale. > But this ignores the fact that a lot of that stuff has unequal demand. You crash your car, your leg gets cut off, go to the hospital, they spend $100k on making sure you survive (specialised machines, a team of doctors and nurses, medicines, recovery and physiotherapy). How's that work under UBI if the government isn't paying for it anymore, who is? That's the purpose of insurance. > redistributing income away from producers towards people who don't work (or even work less) is going to have negative effects. Your premise here is that being paid to do what someone else wants you to do is more productive than doing what you want to do. Most modern jobs are not "productive" in the sense that they actually produce anything of importance. People waste untold hours in corporate meetings or making things the world would be better off without. Would assigning agency to the individuals instead of the institutional bureaucracies reduce productivity or increase it?