3 ms·
What incentive do any of us have to work for more than $12k/year? Hell, half of us make that in a month, but you don't see everyone dropping everything and play
by scarmig 12y ago
What incentive do any of us have to work for more than $12k/year? Hell, half of us make that in a month, but you don't see everyone dropping everything and playing video games for 11 months of the year. Even low income people currently making $12k/year desperately fight for more hours at their patched together part-time jobs.
If anything, people would increase their hours spent working, as there would no longer be steep disincentives to working as benefits phase out and progressive taxation steps in. The only people who would drop out entirely are ones who simply are incapable of producing any real economic value for society, and we have to figure out how to deal with them anyway.