The number one reason I’m hesitant on a basic income is because I don’t trust voters to tax and distribute the money in a responsible way
I’m not afraid of a mass drop in GDP, a labor participation drop, or a drop in tax revenue.
I’m afraid of voters voting for politicians who promise a higher basic income. I’m afraid of taxes growing painfully high as the poor try to steal from the rich.
I like many people on this subreddit lean to the right. My fears are unquestionably the most common fears for right wingers that support/hesitantly support basic income.
The only way I would be in favor of a basic income is if there was constitutional amendment guaranteeing that the basic income fund wouldn’t surpass a percentage of tax revenue. I would also need a guarantee for tax rates to not surpass a specific threshold.
Even if a reasonable basic income bill was proposed today I would vote against it since certain checks for the basic income are not guaranteed in the constitution. I would need a basic income amendment with upper threshold limits before I could support it.