This was a sweet article. Great discussion.

Yes, it should be paid for with taxation to avoid massive (but at least expected) inflation.

I’m trying to imagine what it would be like to be a business owner. Say you owned a grocery in this utopia. You still receive the basic income and you have this job to keep these grocery stores open. Which I guess you like doing since you’re doing it. You get income but there is an automatic tax from every transaction from customers

(percent tax)=sqrt((income this month)/(50,000)) if the rule that we voted was business owners couldn’t make more than 50,000 a month

OR it could be done with inflation

if there was a currency that goods were priced in SEPARATE from money people earned, used, and spent. The ratio between these two currencies would be smoothly changing and automatically adjusted as more money was created to use for the basic income. You could hold the pricing currency or other assets after earning money. Could be done on bitshares blockchain perhaps. This would also mean the basic income would always be increasing. Could it be a perfect tax?

How about labour economics and the tax curve on labour? How would it influence behavior and happiness?

I think I have to read your other articles.