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buybuydandavis comments on Politics Discussion Thread September 2012 - Less Wrong
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Just for accounting purposes, are you liberal, libertarian, something else?
The bonus from an incentive point of view is that poor people on government assistance routinely face the highest marginal tax rates, often over 100%, as they lose benefits as they start to make money.
I'm comfortable with the label "liberal", but support the basic income guarantee for both liberal and libertarian reasons. I think that relieving people of abject poverty and financial insecurity might make the market freer. But more importantly, it would make people freer to live as they choose, and reduce suffering. Also possibly important: it limits the share of income that the wealthiest people can control.