Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> who is going to pay for that?

The same people who are paying for the other welfare, unemployment and disability payments, the lower tax brackets for lower incomes, etc. Those are all things that basic income could eventually replace.

It's not like there's free money coming out of nowhere, it's simply a smarter and more efficient way to distribute the money that's already there.

The big advantage of basic income, though, is that it rewards working more than what we currently have. It's currently possible for someone on welfare who gets a part-time minimum wage job, to end up worse off. With basic income, you always get ahead when you work more.



> It's not like there's free money coming out of nowhere, it's simply a smarter and more efficient way to distribute the money that's already there.

I highly doubt that.

In my opinion the current european social system destroys incentives to work and take responsibility for ones own live.


..and Basic Income does the opposite, by not disincentivising finding supplementary work.


And your opinion would be wrong. In my opinion, not having something like this would be forcing people to stay in shitty, abusive jobs because they have no alternative, due to needing to buy food and keep a roof over their heads. Alleviating those issues would mean that low income workers would be able to be more selective in the work they take, which means that employers would have to work harder in attracting employees. Not a bad thing at all.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: