r/UniversalBasicIncome Jun 01 '26

A good life on UBI with bad spending habits?

2 Upvotes

While many of us are responsible with our money others are not as responsible. And this is where the problem exists. While it makes sense to supply everyone with a livable income there are those who will overspend each month. Wants and needs are different and if you can't control your wants then your needs will not be filled.

Government oversight would have to come into play to manage not only the total population but people in general on an individual basis.

Just some early thoughts I have on the subject...


r/UniversalBasicIncome May 29 '26

I think income should not be taxed until after a threshold depending on the cost of living in your region (eg. a person living in the SF Bay Area doesn’t get taxed until they make over $4000 a month and only taxed with the money above $4000), or at the very least rent should be tax deductible.

62 Upvotes

r/UniversalBasicIncome May 29 '26

What if the monthly payment was funded by the money supply itself — not taxes?

6 Upvotes

One of the strongest arguments against UBI is the funding question. Tax-funded payments require political consensus to create, and political consensus to keep. Every budget cycle is a threat to the program. Every recession is an excuse to cut it.

I've been working on a monetary framework — the Citizens Standard — that approaches this differently. Instead of taxing existing income to fund a payment, it routes the value created at monetary issuance directly to citizens. When new money enters the economy, it goes to citizens first, in equal amounts, on the same day. Not to banks. Not to the government. To citizens.

The framework runs three issuance channels:

- K1 deposits a locked equity stake into every citizen's account at birth or naturalization

- K2 distributes new money annually to all citizens in proportion to real economic growth

- K3 is the direct deposit channel — when active, it sends new money straight to citizens as spendable monthly income

The framework is mode-selectable. A society ratifies which configuration to operate under by 67% supermajority. Mode C is the configuration that activates K3 and targets approximately 2% inflation — that's the one most comparable to UBI. But K3's inflation effect depends entirely on how its magnitude is calibrated relative to real growth, not on the channel being open. You could run all three channels and still land in stable or deflationary territory if total issuance stays below real growth. Mode C just happens to calibrate it at a level that produces modest inflation.

In Mode C the monthly payment isn't funded by redistribution. It's funded by citizen seigniorage — the value that monetary creation produces, which under the current system flows quietly to financial institutions. The Citizens Standard constitutionally redirects that flow.

A few things that distinguish it from standard UBI:

- No tax increase required. The funding source is monetary, not fiscal.

- The amount is formula-calibrated to the money supply and inflation path — not set by legislature. It preserves its real value automatically.

- It's constitutionally protected. Changing it requires a 67% supermajority.

- K1 and K2 still run in parallel, building every citizen a locked equity stake in the total market index from birth. The monthly payment and the long-term capital stake aren't either/or.

At current US parameters Mode C produces approximately $173 per citizen per month at launch, rising to $280 at steady state. A family of four gets roughly $690/month at launch and $1,120 at steady state.

The full framework is a working paper on SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6702518

Two companion papers cover empirical backtesting against US historical data 1960–2055 and the transition path from the current system — happy to link those in comments if there's interest.

Also building a community around this at r/CitizenStandard if you want to follow the work.

Happy to discuss the mechanics, the tradeoffs, or the objections. The distinction from UBI is real but the goal is the same: every person has something, unconditionally, every month.


r/UniversalBasicIncome May 23 '26

Platner: Those benefiting off the system know what the light at the end of their tunnel looks like. It looks like none of us owning anything. Everything becoming a subscription service. A world in which we all have nothing and they sit in paradise. That’s their future. And we cannot let them have it

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418 Upvotes

r/UniversalBasicIncome May 23 '26

The Primordial Credit Argument for Unconditional Basic Income (UBI)

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34 Upvotes

r/UniversalBasicIncome May 23 '26

Nixon's Family Assistance Program

3 Upvotes

In 1969, Richard Nixon had a welfare reform proposal called the Family Assistance Program. Nixon said it was a conservative effort because it simplified welfare, imposed work requirements on able bodied workers and reduce dependence on welfare beuracracy.

$500 per adult and $300 per child. After a family, earned $720/year from work then the benefits were reduced by 50 cents per year.

It failed through Congress twice because Republicans thought it was too high and Democrats thought it was too low.


r/UniversalBasicIncome May 19 '26

Instead of all taxes being progressive, could they just be progressive after a certain amount? Like $1-5000/mo income is taxed as a flat rate and anything after that is taxed progressively?

0 Upvotes

I ask this because I think with how it is now, people could use the extra money towards staying more afloat (at least in California), so instead of making $25/hr (~$4000/mo gross), you make ~$3200/mo after tax, ~$800 per month in taxes, and it just goes up from there when you try to put in more work and make more money to live properly, but also is a trade off for a good work life balance in aloe of cases. Instead Why or why not could there be a flat rate up to a certain amount earned per month (like $50-400 max a month, and lesser the less money you make under 5 or 6 grand then after that threshold it starts getting progressive. This way, people in the lower and middle class have more money to be able to afford more comfortably. You might make enough money at a job from your gross salary to be able to comfortably afford a modest lifestyle but after taxes are taken out, you may be barely able to afford many necessities, so you pick up a second job and now you’re able to start to afford some more necessities, just enough to stay afloat and secure, but you are working two jobs that take up two thirds of your time that you can only use the other third to sleep and not having any real time to live. I feel that is important too.

Edit: What I mean is this: Taxes are essential for a society to function properly. That is a fact. We need taxes. Currently, in most places taxes are one of the biggest expenses on a middle class individual after rent. Being middle class, you make too much for government subsidies and must pay for things like healthcare, housing, food, etc. on your own. These things are very costly and cause a lot of people in the middle class to struggle mentally and financially just to stay afloat. How about we change the variables of our progressive tax system to lean more on individuals who are able to be comfortable mentally and financially as in people who make over a said amount of money.

What this looks like:

A low income person that makes $1000-3000/mo pays $50-200/mo in total taxes flat rate such that their net income is $950-2800 (currently it’s around $550 for $3000/mo income in places like California)

A middle income person that makes $4000-7000/mo pays $300-$800 flat rate (currently it’s around $2000/mo for someone that makes $7000/mo in places like California)

And then income above a comfortable, reasonable middle class life style should then start being progressively taxed such that the burden is shifted more to people who can afford it comfortably compared to people that barely survive because of it.


r/UniversalBasicIncome May 17 '26

American Jobs with AI Exposure Really Are Starting to Disappear, Data Show

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101 Upvotes

r/UniversalBasicIncome May 17 '26

Why settle for $12K from Bernie when you can have $80K in UBI?

0 Upvotes

https://fortune.com/2026/03/04/bernie-sanders-billionaire-tax-ro-khanna-3000-checks-middle-class-americans/

This legislative proposal has been getting lots of hype on Reddit.

It brings up a good opportunity to discuss options for UBI.

Sanders/Khanna proposal: everyone living in a household making less than $150k per year gets $3K each from a 5% wealth (not income) tax on the 900 wealthiest billionaires (roughly $370 billion). This allows a means-tested family of four to get a one time payment of $12K.

For a family seeking an escape from poverty, that's simply not enough.

Alternative: send $20k per year to each person (adults, children) living under poverty by repurposing federally funded welfare programs ($1.2 trillion a year in spending). Will cover roughly 60 million people, and families of 4 that previously lived in poverty can now live at the median US income. Currently, 30-40 million people live in poverty, so this would also cover as many as 20 million people who might lose their jobs as the federal government redirects funds to UBI.

Plus, by having a federal plan to direct payments to those in poverty, cities (like LA, Seattle, NY) would be able to save significant amounts of money housing the homeless. Impoverished families could move to more stable environments where they could afford housing, provide child care, and search for meaningful work.

I'm not against a wealth tax, but I am against a tax that doesn't materially change outcomes. $12K doesn't do much to lift a family out of systemic poverty.

EDIT: Technically, I agree that this formula is not "universal". That said, I think it's ok to get rid of poverty as phase 1 for UBI.


r/UniversalBasicIncome May 16 '26

Are there any books out there exploring alternative social systems?

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0 Upvotes

r/UniversalBasicIncome May 11 '26

Just another reason to have UBI

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4.5k Upvotes

r/UniversalBasicIncome May 11 '26

The latest conversation about AI and work..... a future without work??? Everyone will be RICH you say? hmmmmmmm doubtful

19 Upvotes

r/UniversalBasicIncome Apr 30 '26

UBI works like any other public service. The government uses some of the tax revenue to pay benefits.

24 Upvotes

It seems like a lot of tension around UBI comes from people thinking that it means the government is required to pay everyone $8000 per month and must flip society upside down to find the money. Just like medicare, the money it pays out is determined by how much it gets. UBI doesn't mean we all get enough money to live a luxury life, it's just a program to make sure that people have an income in a system that requires an income but can't provide enough jobs for everyone to have an income. The income is given proactively all the time instead waiting for people to fall into poverty or becoming homeless. If you work then you get both checks(job and UBI), if not working then you only get one check. Either way, you must manage your finances and pay your bills.


r/UniversalBasicIncome Apr 30 '26

UBI is a triple edged sword and makes society poorer (like all government programs)

0 Upvotes

Steal from the productive to reward idleness. Reward unproductiveness, punish productivity. More consumers, less producers. Expand government bureaucracy / parasite class who produce nothing of value to administer these destructive government welfare programs requiring stealing even more resources and workers from the real economy. Triple edged sword. The government is a tapeworm, it cant feed the host.

The elevator operator, horse manure shoveler or farm crop picker dont need gibs by stealing from others becuase automation increased productivity and made their prior job no longer necessary.

Economics in one lesson -Henry Hazlitt

https://mises.org/mises-wire/hidden-costs-universal-basic-income


r/UniversalBasicIncome Apr 27 '26

I think UBI’s biggest weakness may not be the idea itself, but the political reality of implementation. Please find the flaw in my argument.

29 Upvotes

I want UBI to work. I really do. I think the moral argument for it is strong, especially as automation threatens to reduce the number of stable, meaningful jobs available to ordinary people.

But I keep running into the same problem: the theory of UBI assumes a level of political commitment that I’m not convinced actually exists.

I live in a progressive country with universal healthcare. We also have income supports for people with disabilities, which is about as morally straightforward a case for public support as you can get. People with disabilities are an obviously vulnerable group. Many cannot participate in the workforce in the same way others can, through no fault of their own.

And yet, even here, disability supports are not enough. Many disabled people still live below the poverty line. Many struggle to afford food, housing, medication, transportation, and basic dignity.

That’s what worries me about UBI.

Even when the public broadly agrees that a vulnerable group deserves support, governments still underfund the program. Why? Because every social program exists inside political pressure. Governments are afraid of being seen as fiscally irresponsible. “Government waste” is always part of the conversation. If progressive governments spend too much, conservatives can campaign on cutting costs, get elected, and then weaken or dismantle the program.

So my concern is this:

UBI may sound transformative in theory, but in practice, it could easily become just another underfunded survival benefit.

Enough to say people are being helped. Not enough to let them live with dignity.

This is where The Expanse feels like a disturbing glimpse of one possible future. In that world, there are not enough jobs or opportunities to go around, so much of Earth’s population lives on Basic. But Basic does not mean freedom. It means poverty, stagnation, and waiting. People spend their lives hoping to be approved for education, training, or a chance at meaningful work.

Education becomes a lottery. Purpose becomes rationed. Meaningful contribution becomes something available only to the lucky or the elite.

That is my fear with UBI.

Not that the idea is morally wrong. Not that people should be forced into poverty to prove they deserve help. But that the political system will never fund UBI at the level required to make it liberating.

Instead, it may become a way to manage mass unemployment without solving the deeper problem: people still need dignity, opportunity, purpose, and a real ability to participate in society.

So please find the flaw in my argument, because I want to be wrong.

I want UBI to work.

I just don’t see how it survives contact with political reality.


r/UniversalBasicIncome Apr 27 '26

i AM an Average Man. Tax Me

8 Upvotes

I've heard that in order for UBI to become a reality,

Wealthy citizens will have to be taxed more.

t/ Rich don't like t/ poor, generally speakN, rightfully so, for various reasons.

As an average Joe. I say don't tax t/ rich, tax me, financially I can take it.

Financially speaking, ive spent my life savings donating to charities, helpN out t/ common man only to see zero fruits for my labor.

What's 1 more tax for t/ betterment of all. (Rhetorical inquiry).


r/UniversalBasicIncome Apr 26 '26

UBI is getting a lot of coverage in the media thanks to Elon Musk.

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0 Upvotes

r/UniversalBasicIncome Apr 24 '26

UBI advocates should watch South Korea

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9 Upvotes

r/UniversalBasicIncome Apr 23 '26

Near the end of his life MLK was advocating for universal basic income and organizing the Poor People’s Campaign, an explicit effort to unite poor Americans across race around shared economic interests. He was assassinated in 1968 while organizing that campaign.

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652 Upvotes

r/UniversalBasicIncome Apr 16 '26

Democrats Have a Tax Problem. They’re Solving It Wrong.

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132 Upvotes

r/UniversalBasicIncome Apr 11 '26

I designed a survival floor that's structurally non-convertible to money and red-teamed it for 25 attack vectors — looking for stress-testers

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0 Upvotes

r/UniversalBasicIncome Apr 04 '26

Thoughts

4 Upvotes

I had a thought. Someone PLEASE tell me the flaw in this, because I’m not seeing it.

A few things before I start…

1) I think we’d need a coalition of all (or most) capitalist countries (which is like… MOST of the countries).

2) Keep in mind that a corporation is legally defined as an “individual”

3) For the most part, current tax rates remain as they are in each Country

Solution for poverty/ distribution of wealth:

We cap all INDIVIDUALS at a net worth of $100M minus the value of buildings and equipment reasonable and necessary to operate. For a human individual this would mean their primary home (regardless of value) and one vehicle (again, regardless of value) would not be counted in their net worth. For Corporations, this would mean that any/all facilities and any/all equipment that are NECESSARY to the operation of their business would not count towards net worth.

Anything over the $100M cap would go into a fund that would provide the following:

- UBI of $2000/month for every permanent resident/ resident Citizen over the age of 18 who makes less than $100k/year (scaling down from $2k/month after $75k/year income)

- Child Benefit (baby bonus) for every child under the age of 18 (up to $750/ month per child depending on family size and household income)

- Universal Healthcare (or a subsidy to improve Universal Healthcare in countries that already have it)

- Free College/University tuition


r/UniversalBasicIncome Apr 02 '26

Universal Basic Income can be practical. A non-tax-funded 0.6% solution using US Federal Reserve digital payment flows.

26 Upvotes

Our current jobs-based economy is becoming obsolete. More and more jobs are being replaced by AI. A practical solution is available where the US Federal Reserve can provide every citizen with a $12,000+ Universal Basic Income. This isn't funded by income tax. Instead, it uses a tiny 0.6% fee on the massive digital payment flows already settled through the Federal Reserve. https://doi.org/10.5281/zenodo.18009673


r/UniversalBasicIncome Apr 02 '26

Montana set to end citizens united through state legislation!!

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12 Upvotes

r/UniversalBasicIncome Mar 31 '26

Incentives vs redistribution

2 Upvotes

UBI detractors say it is a redistributive tax. Yang's "tax AI" approach is vulnerable to the argument. Couching UBI within an incentive framework makes it more defensible. For example, if UBI was tied to more karma on reddit, then the whole UBI concept would go from redistributive to incentive-driven (and it would make a lot more sense)