Establishing a Basic Income for all individuals creates a quality of life for the entire community that is better. Examples of this in practice are available. It has also been implemented as a sort of negative income tax — that is: people who fall below the standard of minimum wage incomes are given a reverse tax to bring them up towards that basic level deemed necessary to provide the basic necessities of life. In the U.S. we do this somewhat through other means: Social Security Income, welfare, unemployment. There are ways of doing it that have been presented that differ from our ways, though, and some of them are shown to be much more effective at creating a healthier, more productive and happier society. 

I like this idea and will continue to learn more about it as time goes on.