4 ms·
I think guaranteed minimum income creates worse incentives, everyone making under the limit would be persuaded to work less or work under the table. With basic
by unabridged 13y ago
I think guaranteed minimum income creates worse incentives, everyone making under the limit would be persuaded to work less or work under the table. With basic income the incentive to make more still exists at all levels of income.
- deleted 13y ago[deleted]
- protomyth 13y agoI can see that. I was thinking that some hybrid would be interesting since I am just not sure a basic income would actually be affordable. Something like everyone is guaranteed X and anyone working for Y subtracts Y/F from X where F is some factor (2 or 3 maybe). I get the feeling the "When the people find they can vote themselves money, that will herald the end of the republic."[1] might manifest. I do wonder[2] if something radical like takers of basic income cannot vote or serve jury duty might push people to work. 1) Benjamin Franklin 2) not advocating - this part violates some of my basic beliefs