In past columns on the topic of basic income, most of my attention has focused on how universal handouts would undermine the work ethic.
To be succinct, I fear that a non-trivial share of the population would exit the labor force 
if they received a big chunk of guaranteed money from government.
But there’s another side to the fiscal equation, which is the tax burden would be needed to finance a basic income.
Thanks to some research from Germany, we have at least one answer to that question.
But I suspect that most people won’t like the results, which were put together by a team led by Professor Frank C. Englmann of the Institute of Economics and Law (IVR) at the University of Stuttgart.
…introducing a UBI that guarantees a livelihood while eliminating social benefits (e.g., unemployment benefits, old age security, and family allowance) would considerably simplify the German…
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Utopia, you are standing in it! 
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