A basic income does not really change the amount of money people have available. You exchange paying some amount of taxes and handing the money to people qualifying for government benefits for paying more taxes and handing out money to everyone. You may save some money on the bureaucracy for figuring out who is eligible for how much benefits, you may make life easier for people having to apply for benefits, but you also give up the ability to match benefits to individual circumstances making some better and others worse off, you may create some additional incentive not to take a job, ... But to a first approximation everyone will have the same amount of money available.
replyOften the incentive to take a job would be better under Basic Income as there's so many cliff edge benefits that phase out quickly as you work/earn more in the current system.
replyFair point, but that could also be solved by better benefit structures, but admittedly most likely at the cost of more bureaucracy.
reply"feel like" ?
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