[mdkess]

The idea with a basic income is that it's taxed back from the wealthier. There's no way without knowing income distribution and tax rates, but I would imagine that someone making $150k pre basic income is not seeing any change in their take home salary post basic income, and someone making $500k before basic income will actually come home with a little bit less (that is just my hypothesis - I don't know the details surrounding this).

Basic income is just a redistribute tax mechanism, but it's one that tries to remove bureaucracy and politics from social security programs surrounding qualifications, etc.