>Simply put, universal high income is a universal basic income that is high enough to be considered "high." Universal basic income is not a low universal income.<p>Isn't the difference that with UBI you still need to work for money to have a reasonable life filled with joy and peace of mind. Contrast with UHI where, presumably, the income is so high that you do not have to work but can still enjoy the "luxuries" of joy and peace of mind?
I'd say universal basic income and a high cap (e.g. 100 Million) for personal wealth. If you are richer than that you have to put it into a fund which publicly shows what it does, or just gets taxed away.<p>In Capitalism $$ is power. You want to restraint power? You limit $$ a single person/entity can hold and then make their activities transparent.<p>I firmly believe that "limiting $$" will reduce innovation is completely BS. It's the reverse.