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RedneckBob | 6 years ago

"you have taxes high enough that the universal basic income is meaningless."

Not true. You should read the UBI policy proposal that Yang created for his POTUS run. You can find them here:

- https://www.yang2020.com/what-is-freedom-dividend-faq/ - https://www.yang2020.com/policies/the-freedom-dividend/

discuss

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wenc|6 years ago

This article [1] is one of the few to have taken Andrew Yang's UBI policies seriously and on their merits (unlike most others that summarily dismiss them), thought through some of their implications, found shortcomings, but still ended up still largely acknowledging that they could work.

I think a well-designed UBI could work. The tricky part is that UBI is one of those experiments that has to be done on the large, and pulling back if it doesn't work out is challenging. Any errors in implementation and design are potentially very expensive.

[1] https://theweek.com/articles/858097/andrew-yangs-ubi-problem