&gt;So it&#x27;d be accompanied by a loss of minimum wage floor as well as it should be as low as possible (approx USD 1000&#x2F;mo after initial trial phase in Finland.)<p>To expand on this, removing the minimum wage is meant to make it easier for people to &quot;get their foot in the door&quot;. The economic notion is that e.g. if X&#x27;s labour is not worth more than $5 per hour, and the minimum wage is $10 per hour, then X will have great difficulty finding work (because the ultimate minimum wage isn&#x27;t $10, it&#x27;s $0). This means they&#x27;ll have more trouble obtaining the work experience that would make them more productive. Removing the minimum wage means anyone can work who wants to, and the basic income protects them from the hardships that normally accompany low-wage jobs.