Name: Would a universal basic income discourage people from working? | IN 60 SECONDS
Uploaded: 2017-08-10T15:07:15.000Z
Duration: 1 min 16 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Adverbs of degree

Television is so glamorous... sorry, I shouldn't have talked.

One of the most persuasive arguments against a universal basic income is the people will stop working.

Adverbs of manner

They'll take the universal basic income, they'll pool it and they will simply

It's a serious issue and I had to take that into account in the design of the

program. And the solution that I came up with is pretty straightforward. As long

as people have a job that pays less than thirty thousand dollars a year, they

continue to get the full ten thousand dollars.

Now there is a certain tax that is levied on after thirty thousand dollars

a year, but at that point you have to ask yourself are you going to quit work and

exchange a forty thousand dollar a year lifestyle for a ten-thousand-dollar a year

lifestyle? People to live satisfying lives need to be responsible for their

There's much more to be said about the problem of work disincentives, but a

program of a universal basic income can be structured so the people are lured

into working until they can't afford to quit.