Eh, I don’t think there’s much of an argument for UBI to not be means-tested. If it’s meant to be a basic support so that people can maintain dignity through their most difficult time, I doubt you’re seeing people choosing early retirement. Besides, OAS and GIS are already means-tested basic income for seniors.

As for big inflationary force? Maybe? But the idea that lifting a limited portion of the population out of the worst of financial circumstances will cause problematic inflation is pretty laughable. Economists still don’t know what actually causes inflation, apart from the expectation of inflation.

There are plenty of arguments for it not being means tested including not having the huge administrative burden and removing social stigma. I think people often don’t realize the time and finances required to administer means testing.

@frostbiker@lemmy.ca
link
fedilink
6
edit-2
1Y

I don’t think there’s much of an argument for UBI to not be means-tested

That would make it a basic income, but not a universal basic income. Just to clarify the terms.

Something similar to what you are describing is called a negative income tax, in case you want to learn more about that.

Create a post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


  • 1 user online
  • 115 users / day
  • 250 users / week
  • 525 users / month
  • 1.99K users / 6 months
  • 1 subscriber
  • 5.7K Posts
  • 50.8K Comments
  • Modlog