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Scott Santens
@scottsantens@hachyderm.io  路  activity timestamp 2 months ago

A reporter reached out to me last month with questions about Universal Basic Income that required hours of my time to answer. Here are all the answers I wrote to all the questions, none of which ended up being published by them.

https://www.scottsantens.com/what-the-media-isnt-telling-you-why-universal-basic-income-ubi-is-the-answer-to-poverty-insecurity-and-inequality/

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Emelia 馃懜馃徎
@thisismissem@hachyderm.io replied  路  activity timestamp 2 months ago
@scottsantens small question, what's GBI stand for? I know UBI but not GBI?
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Earthworm 馃悓
@earthworm@kolektiva.social replied  路  activity timestamp 2 months ago

"When it comes to UBI, and you don鈥檛 want those over $100k getting it, then just make sure those earning $100k pay more in new taxes than the amount of UBI."
[...]
"I also think people would be less worried about UBI and inflation if they realized that a $1300/mo UBI doesn鈥檛 mean everyone鈥檚 after-tax income goes up by that much. Everyone gets the same UBI but everyone does not pay the same amount of taxes for it. If you get $15k a year in UBI and your taxes go up $15k too, your disposable income goes up $0 which also means it cost the government $0."

Plus:

"As for drawbacks [...] For example, domestic abuse often drops significantly, both partner abuse and child abuse. An abuser may see that as a drawback, but I don鈥檛. Another example is high interest lending. In some experiments, the loudest complainers are moneylenders who can no longer find people willing to take out loans with 500% interest rates. Oh no, I鈥檓 so sad for them."

-> Thank you very much for these very good answers!

@scottsantens

#UBI#UniversalBasicIncome#BedingungslosesGrundeinkommen#IngresoMinimoVital

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