Finland launches trial program to pay unemployed citizens a basic monthly income
The largest concerns about basic income are that it will reduce the incentive to work for at least some people, and that it is phenomenally expensive.Why not solve both problems by simply eliminating income tax on lower income brackets instead? This is cheaper, easier to implement and less politically contentious (we already embrace the notion of progressive taxes, and who doesn't like a tax cut?). It also gives the money directly to those who need it most.I suspect many people support basic income because they fundamentally believe in a world where you shouldn't have to work to make a living. They use arguments like helping the poor, or putting everyone on an even playing field, or the claim that tech will eventually destroy jobs anyway as Trojan horses for this agenda. I don't agree and I think most people would disapprove of basic income if you told them that it was intended to undermine the culture of working and earning to make your own living.If you really want to help the poor and the working class, support the elimination of income tax on the lower income brackets instead of basic income. It is a simpler, better, cheaper, and less divisive solution.