Reply to post: Re: fast forward.

Universal basic income is a great idea, which is also why it won't happen

d3vy Silver badge

Re: fast forward.

"True, but if they can get someone to look after their kids for a few hours (like when they are a school) they would be able to earn something without loosing the benefit. Currently they have no incentive to earn anything as the withdrawal of benefits gives the same result as a 100% marginal tax rate. With UBI, working when they can makes them less destitute."

Exactly, the system we have at the moment is mental, You can go from benefits to full time employment and end up with LESS income... Where is the incentive for anyone on benefits to look for work (Unless they are able to find something well paid).

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019