Comment by squeegee_scream
Comment by squeegee_scream a day ago
I don’t think _everyone_ gets an extra $1,000, just those at the bottom. I’m pretty sure there are different ways of implementing UBI, and some of them only provide a certain amount to the lower income folks. So if you are making plenty of money, whatever plenty means in your location and context, you would not receive any additional income.
The point of it being universal is that you still have a good incentive to work, since every dollar earned is a dollar more in your pocket (initially, before you reach the income level where you need to pay taxes).
Compare that to non-universal social help, where every dollar earned gets subtracted from your social pay, so the first $1000 you earn are effectively taxed 100%, creating an incentive to not start working.