The basic plan is so terribly simple. Take all of the money we currently pay out through the tax and benefit system on everything like Medicaid, Medicare, Social Security, food stamps (whatever the current name of that program is) student aid, all the programs which take money from one group to give to another, and abolish those programs. Yes, simply do away with them.
Instead of sucking all this money into Washington DC and then allowing the Congresscritters to parcel it out to favored constituencies, along with the heavy tithe taken for the bureaucracies, simply hand it out as a $10,000 a year payment to each and every adult citizen.
It is very much discussing the implementation in the US, but the points apply equally to this country. As you know, your humble Devil is very much in favour of such a thing—although some Lefties have expressed dismay that it would not be means-tested—as he thinks that it would actually be of more help to the poor, and would have additional benefits.
As I see it, the two major objections to The Plan from the right side of the political spectrum are or will be that there shouldn't actually be any redistribution going on at all and that if there is, people should have to do something to get it, not just be allowed to loll their way through life. To which I would respond that if we're to deal with a stipulated political reality of redistribution, The Plan reduces the perverse incentives of the current system. And best of all, it will cause mass unemployment amongst bureaucrats.
Yes, it would. And then these bureaucrats could get employment in the private sector or even—and who could imagine such a thing?—start their own businesses; in this way they would become wealth creators rather than welath consumers.