Again, I don’t like a negative income tax to be associated to a Universal Basic Income.

You do not earn over a set level and you get a supplement from the government.

You earn over a set level and you do not get a supplement from the government.

That is the negative income tax

What has been the real net salary from taking your income from below the set level to above the set level?

What you have been paid in salary, less the supplement you will now not get.

That is not the best way to get people to go out of bed to earn a living.

That means that for you who want to get up of bed to work, to earn more, you then need to earn a salary that includes making up for what you will lose in supplements.

That means you might ask for a salary above your productivity and so the job will not be there for you… just like when a minimum wage is imposed, and many jobs that cannot afford to pay that minimum wage, disappear.

I know those who when discussing basic universal income propose a negative income tax approach, do so out of the very good intent of making the universal basic income seem more fiscally viable. But, in doing so, they are in fact subverting the primary reason for a Universal Basic Income, which is to be there helping to you take whatever job opportunities there might be. Sort of lowering the low hanging fruit for you.

That critical battleground, that no man's land, between jobs being created and jobs disappearing, does not need to be distorted by generals at their desks… that should solely be an area where sergeants with true and real combat experience under fire lead.

In short, better to have a low real universal basic income that can take us forward, than a higher pseudo universal basic income based on a negative income tax that could  stop us... and keep us too much in bed... we know it is important to walk.

Warning! The redistribution profiteers (RPs) are out to kill the Universal Basic Income (UBI) by making it fail.

If you make the UBI too high, let’s say more than 70 percent of what could be earned in the lowest paying full time employment… you are dooming it to failure.

Please start very low, like 35% of the full time earnings at minimum wages and try to enshrine a maximum, like 70% in some type of locked constitutional arrangement. 

If you allow UBI to become a politicians to citizens issue instead of a citizens to citizens affair you are endangering it.

If you allow UBI to be sold and managed as a poverty reducer instead of as an opportunity enabler, it is doomed. 

If the RPs suggest taking on debt in order to finance UBI (so as to keep the value of their current franchise) it will fail, more sooner than later.

Please: Let us avoid the merchants of poverty

Universal Basic Income is for oiling the social machinery, not for drowning it!

Here my reasons for that Social Dividend

My minimum minimorum rules on UBI

It is unconditional (So redistribution profiteers hate it)

It is universal

It is fully paid for (no public debts contracted)

It is large enough to help you out of the bed

It is small enough so as not allow you stay in bed

Don't raise the bar

Give them a step stool instead

http://myubi.blogspot.com/2017/01/my-universal-basic-income.html