who would be for this?

[Warren Stupidity]

9. The financing is explained quite clearly in the linked article.

And it is not a major problem. Of course the financing is directly linked to taxes, which isn't really your third issue, which would be better characterized as the "moral hazard" issue, wherein apparently everyone will become shiftless and lazy if they don't have the threat of destitution to motivate them, a theory I completely reject.

If it is your belief that a society where inequality is reduced by setting a floor on income will result in runaway inflation, then I guess you must believe that our economy requires the current historically imbalanced levels of inequality in order to maintain prosperity and security for the few at the top.