Basic Income + Sterilization

Its a twist on the idea of Basic Income:
Basic Income will be provided for anyone who
agrees to permanent sterilization.
If its a family all its members have to be sterilized.
Would this both solve poverty and the overpopulation at the same time?

>>18
30 points : find what the author "meant by that"
20 points : deconstructing the authors position using post-modern literary criticism
10 points : describing the feelings of the author during the composition of this post