Basic Income Proposals: Modest Changes, Not Radical Overhaul
-
Basic income is like a Rorschach test - people see it differently based on their views. The details matter more than the concept.
-
Actual basic income proposals wouldn't be that radical. The poor would benefit, the rich would pay more taxes.
-
Basic income paired with a VAT would help the poor, not affect the middle class much, and slightly hurt the upper classes.
-
Economic models predict basic income would have modest effects on GDP and jobs, not major changes.
-
Evidence so far shows basic income helps struggling families afford necessities, with little effect on employment.