basic income (with a phaseout) seems better than welfare given welfare's incentive not to work. what are the best reasons against it?
Mar 23, 2014 · 1:49 AM UTC
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@sama or at least smooth the income tiers on welfare. earning a little bit more can drastically decrease your net income.
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@sama a negative income tax could give an even stronger incentive
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@sama Why a phaseout? Here's a post I did on basic income. Been fascinated by it for years: dawallach.com/post/761563829…
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@sama There is some good analysis of reasons for and against by @BHLBlog here bleedingheartlibertarians.co…
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@sama realistically, the biggest problem is that it's politically difficulty -- goes against an innate sense of "fairness" (in quotes, as..
@sama that sense tells us "basic income is not fair" in the same way that our innate "physics" tells heavy objects would fall faster &...
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@sama In favor of basic income, but there will still be a need for safety net (healthcare, food) for people who misspend their basic income.
@sama the argument is "where does it stop?" If basic income is $30k, why not $40k? The rich can afford it, right? $50k? $100k in 2030?
@SuthaKamal @sama turns out pragmatic solutions usually take into account the end game ;)