Week 12 questions - Universal Basic Income

in #week-123 years ago

  1. In an ideal situation, would a universal replace/abolish social security, or would it be added on top of social security?

  2. How much would taxes change across the different tax brackets if universal basic income was established?

  3. Does universal basic income help create value in society or does it incentivize individuals to not work? What are the long-term ramifications of a plan like this?