12k $ per year UBI and socialized healthcare? I’m sorry, but this cannot possibly work—the taxes required to pay for both would be a huge disincentive to individual effort. Make it more like 6k $ per year plus a mandatory healthcare component (to be placed in an individual HSA, as per the Singaporean model) and it starts to look like a workable idea. Giving everyone money for doing nothing turns out to be really, really expensive, so the less you do it, the better. Who’d have thunk it?
12k $ per year UBI and socialized healthcare? I’m sorry, but this cannot possibly work—the taxes required to pay for both would be a huge disincentive to individual effort. Make it more like 6k $ per year plus a mandatory healthcare component (to be placed in an individual HSA, as per the Singaporean model) and it starts to look like a workable idea. Giving everyone money for doing nothing turns out to be really, really expensive, so the less you do it, the better. Who’d have thunk it?