I like this conceptually, but where you set that wage is the tricky part. If most folks don't have to work, most won't. Less people to tax too. That will in

I like this conceptually, but where you set that wage is the tricky part. If most folks don't have to work, most won't. Less people to tax too. That will in turn cause inflation, as there's less supply of goods. Then you'd have to increase the wage to follow suit. To get any kind of equilibrium that preserves an incentive to work, you'd need that universal payment to be fairly low. This isn't to say, "Don't do it" - it's just to be careful with it.