[JanezStupar]

We already do that.

Throughout Europe we take 40-50% of personal income + taxing corporations to fund common good programs.

I will argue that we needn't take any more than we take currently. Expecting that taxes would drop because of BI is ludicrous. However less of our money may be wasted and more of the needy may be served.

You don't need to trust my word. Run some numbers[1].

[1]: https://googledrive.com/host/0B68HCFLtgK_QTHRGWGZBTkRNQjQ/UB...

[JackFr]

Fair point. Still not sure it's such a great idea though...

[JanezStupar]

I am not sure either. However I think that it is absolutely necessary to test it out in practice.