The UBI already exists for the 1%

https://medium.com/@MattBruenig/the-ubi-already-exists-for-the-1-d3a49fad0580#.y0ldjqrc4

From the site:

The universal basic income — a cash payment made to every individual in the country — has been critiqued recently by some commentators. Among other things, these writers dislike the fact that a UBI would deliver individuals income in a way that is divorced from working. Such an income arrangement would, it is argued, lead to meaninglessness, social dysfunction, and resentment.

One obvious problem with this analysis is that passive income — income divorced from work — already exists. It is called capital income. It flows out to various individuals in society in the form of interest, rents, and dividends. According to Piketty, Saez, and Zucman (PSZ), around 30% of all the income produced in the nation is paid out as capital income. Piketty, Saez, Zucman (2016)

If passive income is so destructive, then you would think that centuries of dedicating one-third of national income to it would have burned society to the ground by now.