The incentive for people to work is that $1000/mo would provide for a pretty meager existence. (This level is already an unaffordable level of UBI if paid to every US adult citizen; this is coming from someone philosophically aligned with UBI but also able to multiply and compare numbers.)
I still see this as a redistribution of wealth, tax the rich and give to the poor which is socialist in nature, not saying that's bad thing just that it's nothing new. In Poland this sort of thing is already happening, e.g. parents get 500 PLN/month per child, it's not called UBI here though.
It’s absolutely and definitionally socialist in nature, but I don’t find the use of labeling to be especially helpful (and often harmful to shutdown discussion).
I’m interested in whether something tends to create a society that I think should exist for my children and their great-grandchildren (whom I’ll surely never meet).
Most of those things happen to have market-based outcomes in mind, but I’m open to good ideas that happen to be socialist, anarchist, communist, or any other broad label.
So for Germany, that'd mean it ought to be lower than our current social programs? They provide an okay living, and there's not a lot of incentive to work, which is why we have a lot of long-term unemployment.
~1000€/mo, regular VAT is 7% for essentials like groceries, 19% for anything else, with a few exceptions.
The average worker's income tax rate is ~40%, but they'll also have to pay for health insurance (included in welfare at a subsidized rate), pensions etc.
Thanks for the data. To me, that sounds like the end result is within a whisker of $1000/mo after deducting the VAT “rebate” to the German government when that 1000€/mo is consumed almost immediately on a mix of 7% and 19% items.
Sure. The problem is there's little incentive to work. To achieve that, to make it uncomfortable to rely solely on UBI long-term, we'd have to make UBI lower than our current welfare programs. I don't see any proposals for that, much less any support.
