MagisterCultuum
Great Sage
I haven't looked into it lately, but I have read in the past that the administrative costs of all the strings we attach to welfare payments are so high that it would probably be cheaper simply to provide a basic income guarantee with no prerequisites other than citizenship.
(I'm thinking the source may have actually said that basic income would be somewhat more expensive if everyone claimed all the funds they legally could, but estimated that many would not. It was estimated that pride and bad publicity would stop most of the well off from claiming their entitlements if it was a mater of public record.)
Means testing can create significant perverse incentives, keeping the poor poor because they fear losing government benefits if they get a job that does pay well enough to be worth said loss. With a basic income guarantee, there is no reason not to work to supplement one's income even when the wages are poor. (There is not much reason to keep minimum wage laws in addition to a basic income guarantee.)
(As a Geo-Libertarian, I tend to favor replacing the entire system of wealth transfers and taxes with simpler and fairer citizens' dividends and taxes on pollution and the monopolization of land and other natural resources. )
(I'm thinking the source may have actually said that basic income would be somewhat more expensive if everyone claimed all the funds they legally could, but estimated that many would not. It was estimated that pride and bad publicity would stop most of the well off from claiming their entitlements if it was a mater of public record.)
Means testing can create significant perverse incentives, keeping the poor poor because they fear losing government benefits if they get a job that does pay well enough to be worth said loss. With a basic income guarantee, there is no reason not to work to supplement one's income even when the wages are poor. (There is not much reason to keep minimum wage laws in addition to a basic income guarantee.)
(As a Geo-Libertarian, I tend to favor replacing the entire system of wealth transfers and taxes with simpler and fairer citizens' dividends and taxes on pollution and the monopolization of land and other natural resources. )