undefined | Better HN

0 pointsCWuestefeld10y ago0 comments

I don't think it's even true without market distortions. The whole point of BI is to give people without adequate income some means to support themselves. In other words, it changes the compensation to our hypothetical woman from $0 to $X,000.

At the margin this will certainly cause people to drop out of the workforce. Heck, as I get closer to having enough assets saved to be able to require, I'd probably choose the pull the trigger on that decision sooner.

0 comments

IanCal10y ago

However on the other side it should be easier to remove the welfare cliffs that exist in current systems. In the UK there are points where the marginal tax rate is iirc ~75%. In the US there are points where you end up with less money if you work more.

So we may be removing other large disincentives at the same time.

j / k navigate · click thread line to collapse

0 comments

IanCal10y ago

So we may be removing other large disincentives at the same time.

j / k navigate · click thread line to collapse