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qqqwerty | 1 year ago

> Yes, sure, but this applies to UBI as well.

It does not. THE primary difference between UBI and unemployment is that UBI does not disappear once you are unemployed. So in my hypothetical scenario above, the person would be making Y+X. Assuming UBI is paid for via income taxes, and that those income taxes are applied progressively, at some point up the income ladder you will be paying more in taxes than you receive in UBI, but at the lower income scales it is all accretive making for a strong incentive to work.

> Then I think we should also guarantee a job for anybody who wants one, with a significant step up in income. (And right now that job should be capturing carbon.)

I think we should have a UBI and then combine that with eliminating the minimum wage. Maybe we limit that to just nonprofits, but the goal would be to make it easier to pay people to do work that is currently not incentivized in our current economy. For example, near me, I volunteer for beach cleanups and at the community garden. These groups are well funded, but they need to rely on volunteers because the minimum wage near me is over $17 and the operations are very labor intensive. If you have a UBI, the idea of paying people a few bucks an hour to clean the beach becomes much more palatable. Right now, we need to try to strong arm companies into paying livable wages, but there is only so much economic activity that is profitable at those levels. A UBI that provides very basic subsistence (we are talking squalor levels of assistance, FYI), combined with reducing barriers to employment would go a long way towards resolving some major ills in our current economy.

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