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by notzorbo3
3113 days ago
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It seems everybody has different goals for UBI. Getting unemployed people to work is not one I've encountered before I think. I fail to see how giving everybody free money is going to get unemployed people to work. For them, nothing changes. > The taxes will come from the same places they are expected to: automation increasingly taking over the creation of most of the wealth in society. I think this is the "lets tax automation!" argument? That's another one I haven't seen convincing arguments for. Why do you think companies would stand for such a thing and not oursource their automation to a country that doesn't do UBI? > that's the theory. I think there's a lot lacking in the theory, and I'm not hearing any convincing solutions for the problems UBI presents from anyone. It all seems to be built on hopes and dreams and best wishes, with little accounting for actual real-world considerations. |
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It's one of the most common I've seen cited by both left- and right-leaning UBI proponents.
> I fail to see how giving everybody free money is going to get unemployed people to work. For them, nothing changes.
For the unemployed, two critical things change compared to existing policy in a typical UBI scheme funded primarily by additional taxes on capital income and very high non-citizenship income, with little change in the taxation of income at most lower levels:
(1) Additional income from work is not offset by benefit reductions as in current unemployment/welfare programs.
(2) Minimum wage is eliminated or reduced due to the reliance on UBI to provide all or part of a livable income, increasing potential (re-)entry opportunities to the labor market.