Because people won't work.XtremeModder wrote: ↑Mar 16th, 2017 12:32 pmIf people get this whole guaranteed income thing then I should expect my income to go up as well, Why? Because if it happens then the cost of living will likely go up as well. Like when everyone cries and complains that minimum wage should be higher... well look what happens when it does go up, businesses pass on that extra cost to consumers just like with everything else.
In my opinion, instead of giving people free money, why not just lower our taxes by a good amount and leave it at that. My income tax bracket is 20.5%. Why not make it say 12%?
Manual labor will be dead. Unintellectual job has no future. Maybe not tomorrow or next year, but say 20 years.
Even if you don't pay tax, if your income was 0$, it's not a lot of money.
Intellectual people will need to pay for unskilled labor. They should be happy because 100 hundreds years ago, intellectual people were forced to work manual job they hated to get money and manual people didn't do shit to help them!