> A default payout to both unproductive and productive people. But the idea unde... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		lutusp on Sept 2, 2013 \| parent \| context \| favorite \| on: We Need a Basic Income Guarantee > A default payout to both unproductive and productive people. But the idea under discussion is a guaranteed minimum income, not a payout to everyone. It's meant to help those at the bottom, not Warren Buffett and Bill Gates.

westicle on Sept 2, 2013 [–]

Read it again.

The idea under discussion is a payout to everyone. Including Warren Buffet and Bill Gates. That's why it's called "guaranteed".

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact