mintiefresh to [email protected]English • 10 days agoCanada finally reveals the results of its universal basic income experimentecency.commessage-square176fedilinkarrow-up1261
arrow-up1261external-linkCanada finally reveals the results of its universal basic income experimentecency.commintiefresh to [email protected]English • 10 days agomessage-square176fedilink
minus-square@[email protected]linkfedilink22•10 days agoUbi is just a reform of progressive taxation so that it goes slightly negative as you get closer to zero income instead of stopping at zero percent.
minus-square@[email protected]linkfedilink19•10 days agoAlso most of the studies of ubi show it doesn’t cost all that much because it allows a reduction in expensive to administer social programs - obviously less of an effect in the USA that doesn’t have those.
minus-square@[email protected]linkfedilink5•edit-28 days agothe actual cost of bureaucracy is not that big, and so the reduction would also not be significant. the bigger advantage is that as it’s simpler as there are no requirements, it’s less error-prone and people are less likely to fall through cracks.
Ubi is just a reform of progressive taxation so that it goes slightly negative as you get closer to zero income instead of stopping at zero percent.
Also most of the studies of ubi show it doesn’t cost all that much because it allows a reduction in expensive to administer social programs - obviously less of an effect in the USA that doesn’t have those.
the actual cost of bureaucracy is not that big, and so the reduction would also not be significant.
the bigger advantage is that as it’s simpler as there are no requirements, it’s less error-prone and people are less likely to fall through cracks.