Right. All of this is true.<p>But the point of a Basic Income is that it substitutes for other forms of income support&#x2F;welfare.<p>That&#x27;s supposed to <i>increase</i> the incentive to work, because many forms of welfare are income dependent. For example, we often hear reports of parents who refuse to work because they&#x27;ll lose some or all welfare payments and their wages will be net worse off.<p>If everyone gets the basic income, then <i>maybe</i> this effect can be overcome. There&#x27;s some reason to think this could be true - the marginal benefit of $1 extra at low income levels is much more than at higher levels.<p>It&#x27;s worth noting that many conservatives support a basic income because of this, and because the system will be much less complicated and reduce the number of government programs.