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by effn 4724 days ago
> The idea seems to be that you can free up a lot of the money wasted on bureaucracy and pay out to everyone indiscriminately.

This idea does not stand up to any scrutiny at all. The cost of administering a welfare bureaucracy is minuscule compared to the cost of a BI program.

> Don't think you'd have to "tax the rich like crazy". Would returning to the tax rates of the 1990s be "crazy"? Would closing corporate loopholes be "crazy"? Would investigating why trillions of dollars in tax havens have somehow escaped oversight be "crazy"?

None of those suggestions would come anywhere near the amount of money needed for a BI program.

1 comments

> The cost of administering a welfare bureaucracy is minuscule compared to the cost of a BI program.

Most of the cost of administering a welfare bureaucracy is in validating and enforcing the conditions on beneficiaries. Unconditional Basic Income avoids these costs quite directly.