3 ms·

That's not how this works. GMI means you get $2800 unconditionally. If you do a job that pays $1200 a month you get paid $4000 a month.

astrodust 13y ago
Maybe I'm reading this wrong, but if it's anything like the Mincome Experiment (http://en.wikipedia.org/wiki/Mincome http://en.wikipedia.org/wiki/Mincome) then it means you get $2800 unconditionally, but a $1200 a month job comes out of it. The way these programs are paid for is because most people would be making more than $2800 a month anyway, so their net cost to the government is zero.
- GeneralMayhem 13y ago
  That's not what this proposal is. The way it would be paid for is by removing all other welfare programs and their enormous administrative overhead.
- owenmarshall 13y ago
  Actually, now that I'm doing more reading, things can be a bit more confusing. There are a few approaches to solve this problem - in some cases a negative income tax is applied, and in others the government actually issues a 'citizens dividend'. Neither case necessarily mandates a 1:1 decrease in benefit as your other income sources go up. It all depends on how things are structured... someone with a significant monthly income could have a high enough tax as to effectively remove the base payment, where a particularly poor worker may not lose any. And unfortunately I don't speak enough French to read the petition, and none of the sources in English I can find actually spell out the details. Poor reporting wins again.
- ahomescu1 13y ago
  Mincome != Basic Income. Under Basic Income, everyone gets a fixed amount unconditionally. Any extra income you get on top of that is yours to keep. So you get the $2800 from the government, then get a job for that $1200 (from the grandparent's example), so now you have $4000 in total. Mincome worked differently from this, but the OP talks about Basic Income, which just gives a fixed amount to everyone.

astrodust 13y ago

Maybe I'm reading this wrong, but if it's anything like the Mincome Experiment (http://en.wikipedia.org/wiki/Mincome http://en.wikipedia.org/wiki/Mincome) then it means you get $2800 unconditionally, but a $1200 a month job comes out of it. The way these programs are paid for is because most people would be making more than $2800 a month anyway, so their net cost to the government is zero.

GeneralMayhem 13y ago
That's not what this proposal is. The way it would be paid for is by removing all other welfare programs and their enormous administrative overhead.
owenmarshall 13y ago
Actually, now that I'm doing more reading, things can be a bit more confusing. There are a few approaches to solve this problem - in some cases a negative income tax is applied, and in others the government actually issues a 'citizens dividend'. Neither case necessarily mandates a 1:1 decrease in benefit as your other income sources go up. It all depends on how things are structured... someone with a significant monthly income could have a high enough tax as to effectively remove the base payment, where a particularly poor worker may not lose any. And unfortunately I don't speak enough French to read the petition, and none of the sources in English I can find actually spell out the details. Poor reporting wins again.
ahomescu1 13y ago
Mincome != Basic Income. Under Basic Income, everyone gets a fixed amount unconditionally. Any extra income you get on top of that is yours to keep. So you get the $2800 from the government, then get a job for that $1200 (from the grandparent's example), so now you have $4000 in total. Mincome worked differently from this, but the OP talks about Basic Income, which just gives a fixed amount to everyone.