4 ms·

I don't believe a single one of you. If there was a basic income of, say, $15,000, almost none of you would feel more free to stop other income. With mortgage/r

I don't believe a single one of you. If there was a basic income of, say, $15,000, almost none of you would feel more free to stop other income. With mortgage/rent payments, car payments, restaurants, internet, cable, gadgets, video games, and social life expenses, most people on here feel as if they need far higher than a "basic" income. If you feel you could live off that amount and you have a programmer job, you should do it now while continuing to work at your job, invest the difference, and just retire in 8 years or so.

3rd3 12y ago
I think I would start working very late (with 35 or even 40).
loumf 12y ago
Most of the employed of us would be net tax payers and would be (I'm guessing) unwilling to go to the much lower salary that would make us net basic-incomers (even marginally). For me, I'd either save/spend less -- or be more aggressive with my prices to get salary up again. It depends on how much more tax I owe. So far, tax-increases in the past few years have not changed my lifestyle at all (they aren't big enough to care much) -- a tax covering basic income would have to be much bigger though (right? -- does anyone have numbers?) It would be a nice cushion for those of us that might be taking 0 salary to start a business, but my guess, again, is that they hope to be moving towards higher incomes. In retirement, I assume basic income is just SS (in the US), perhaps a little more. The main benefit to me is that it would start earlier -- and the main benefit of that is that it would cover medical insurance. That would make it much more likely that I would retire earlier.