> basic income SHOULD disincentivise work; it's a boost for society, health, well-being, children, etc
Less work means less is produced, so society as a whole becomes poorer. There's simply less goods.
Less produced also shrinks the tax base, so tax rates must be raised to continue to pay for the basic income. Higher taxes would then dissuade more people from working, or leading them also to work less. Now there's more people wanting basic income, so more needs raised......
Sure free money gives some people nicer lives, but in this case it is not free - it is taken from other people. Maybe instead of calling it basic income, call it "larger tax transfers for those not needing it as much as current tax transfer systems."
Less work means less is produced, so society as a whole becomes poorer. There's simply less goods.
Less produced also shrinks the tax base, so tax rates must be raised to continue to pay for the basic income. Higher taxes would then dissuade more people from working, or leading them also to work less. Now there's more people wanting basic income, so more needs raised......
Sure free money gives some people nicer lives, but in this case it is not free - it is taken from other people. Maybe instead of calling it basic income, call it "larger tax transfers for those not needing it as much as current tax transfer systems."