Is Universal Basic Income a good idea?

Encyclopedia of Opinion

Question: Is Universal Basic Income a good idea?
Position‹3 of 3: It depends how UBI is funded

This position holds that whether UBI is a good idea depends entirely on how it is funded. It maps the divide: right-wing versions favour a basic income that replaces the welfare state, left-wing versions fund it through tax rises alongside welfare, and others would means-test it.

Supporting arguments · 3

UBI will only work if it replaces the welfare state
UBI will save money if it is used to replace all other tax benefits. It will not work if it is used in addition to extensive welfare measures, because there will be no way of paying for it.
UBI should be funded by tax increases alongside social welfare
UBI will only benefit people economically if it is used in addition to other welfare measures. It can be paid for by taxing the richest in society.
UBI should be means tested
UBI is expensive, but the cost can be off-set only if it is given to the poorest in society. Some form of tax should be employed to provide for everyone under a certain income bracket.