Yes, for the ultra-wealthy basic income is essentially a fixed taxed deduction. I think almost everyone would agree that basic income would provide a marvelous

Yes, for the ultra-wealthy basic income is essentially a fixed taxed deduction. I think almost everyone would agree that basic income would provide a marvelous opportunity to simplify things. Inflation seems like the biggest risk to basic income, but I don't think anyone can say how big of a problem it will be in practice. I think people have already put up potential ways to remedy it as well.