| Reading the main site, or the Spanish one: https://rentabasicaincondicional.eu/ Can't find a decent, detailed description of the proposal. They have an intro video, a translation of the same one in the main page: https://rentabasicaincondicional.eu/wp-content/uploads/2020/... which is mostly gross oversimplifications, I suspect, to trigger emotional responses. Around 2:00 they mention funding. Basically, more and higher taxes, and the critical point, IMHO: replacing current subsidies and other public services with UBI. The devil is in the details, though, and wording is critical: they seem to say, but don't clearly state, that they're getting rid of everything else, and thus saving all that money to spend on UBI. E.g. for countries with a public healthcare system: does UBI mean all public healthcare becomes private, and you spend UBI on your provider of choice? Does this mean people/enterprises no longer need to pay healthcare taxes? E.g. for countries with unemployment insurance: does this mean it fully goes away, so people/enterprises no longer need to pay the unemployment tax? E.g. what about pensions? Does UBI become your pension, thus no more taxes paid for your retirement? We all know what you need to live when you're 20 is a fraction of what you need at 70. I'm extremely skeptical of any of these initiatives because they tend to be scarce in basic details. Which is likely done on purpose. |
The obvious problem here is that UBI only makes sense if you take those other programs out (no public healthcare, no public pensions), but it will be unthinkable for most europeans to loose those. There’s no way to sell a change that requires people to take that amount of personal responsibility, especially when they’ve enjoyed life without them.
I also hate that what was a good economics idea has become into a meme, and has been modified in a way that defeats the purpose.
All the current talk about UBI started with people discussing back the concept of NIT (negative income tax), and the on-paper benefits of removing poverty traps from the system.