[BenElgar]

That's not UBI though, that's a negative income tax.

[diffeomorphism]

https://en.wikipedia.org/wiki/Basic_income

> The expression 'negative income tax' (NIT) is used in roughly the same sense as basic income, sometimes with different connotations in respect of the mechanism, timing or conditionality of payments

potayto, potahto

[bhupy]

A UBI funded by progressive taxes will always be a negative income tax, net-net.