138
How to build a well-designed national basic income program – at half the cost
(policyoptions.irpp.org)
this post was submitted on 10 May 2025
138 points (96.6% liked)
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Hi friends I didn’t actually click the link so my skepticism may be unfounded. But I have a few concerns open to criticism or validation lol
In a primarily private sector “market” supply chain etc does basic income not just put downward pressure on wages in the form of a pseudo business subsidy ick.
Or if everyone has the same level of income before labour income **without pricing control **we end up just raising the floor on the cost of living? Sure there are long tails where only nice to have things get more expensive but in aggregate.
I’m 100% for wealth redistribution and believe heavily in public goods so please don’t at me as a capitalist pig 🐽. Maybe I’m missing the mark but adding more money into our under served areas of society without thoughtful discussion about financial literacy and about where that money inevitability ends up we’ve already lost the plot on the program lol
Thank you if you made it to the end of my poorly punctuated run on mess ❤️
I don't think it would have to be any different than people getting a bigger tax return at the end of the year. Or like the HST rebates Ontario has been doing where they pay it out I think quarterly?
As it is right now, I've seen the occasional "tax return sale" because businesses know people just got paid a chunk of money and might be impulsive with it. I don't think this is necessarily a bad thing, the demand for everyday items won't change, and people will try and save money regardless of income level.
Please reconsider your example of tax sales with the perspective of a pressure sales tactic designed to extract the extra income from “consumers” lol
Who are woefully undereducated in how to manage their money. When you think about those who are most vulnerable financially your proposal misses the point of the value of a basic income program :(