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> No, there's an incentive for voters to elect politicians who will continue raising the bar I agree that there is a severe moral hazard here. However, the fac
by lukifer 13y ago
> No, there's an incentive for voters to elect politicians who will continue raising the bar
I agree that there is a severe moral hazard here. However, the fact that some citizens currently vote reflexively for lower taxes, while others do not, suggests that a semi-stable equilibrium could be achieved. (This holds even if you look only at middle-class voters with significant tax burdens, rather than just "makers" vs. "takers".)
- dragonwriter 13y ago> I agree that there is a severe moral hazard here. If the moral hazard for BI was as strong as its opponents argue, it wouldn't take so long after the idea first started being advocated for it to be near universally adopted. Since, the argument that with a UBI of $N/mo, the voting masses will always strongly prefer a UBI of $N+1/mo. applies just as much at a N = 0 as at N = 1000.