Well @daan in South Africa the government has recently legalized a basic income salary across the country! We have a severe un-employment problem and in order to rectify this, the basic income is meant to reduce poverty. The general comment from the public is that many businesses and home owners would not afford to pay this basic income and that it would lead to increased un-employment. We will have to wait and see! I personally feel that a basic income model could be a great idea, provided that side effects are carefully considered! Blessings and upvoted!
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I'm also in favor of a basic income, if it wouldn't mean that taxes get raised. I do think it's possible to implement one without that.
How much is this basic income in South Africa? Is it a sum that you could live on?
A sovereign wealth fund can produce a dividend. It's quite easy to do without having to rely on taxes.