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Comment by gojomo

Many UBI supporters still view one of its main benefits the simplification & unified replacement of all such programs.

Now, those programs are complicated, involve a lot of overhead, often underutilized, and create unintentional disincentives to work when the "marginal tax rate" (in taxes or lost benefits) sometimes goes over 100%. Offering a simple & big-enough UBI instead can fix all that.

(A UBI can also replace minimum-wage laws and most if not all unemployment insurance. And perhaps, many workplace regulations, because a citizenry where everyone can say "this job sucks, I'm outta here" can be a better check on abuses than the current system of compliance-surveillance, regulatory-fines, and court-cases.)

parent gojomo 7 years ago

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