I don't think it's impossible, just unlikely. It depends on luxuries being valued enough by some people that they're willing to overcome the tax and bothering to produce and there being enough of that to cover everyone's necessities.
The only human drive I can think of strong enough to overcome that is that it would probably give you better access to mates or prestige in the community, thus some people would be willing to do it. However you'd have to have an insanely efficient production infrastructure for it to cover all the necessities, I'd guess.
Envision for a moment a society where most of the most attractive women want to date the richest guys. And the way to become the richest is to produce things. Conceivably a large group of men would still work despite UBI so they can get with the "hottest" women.
Put this at grand scale and you have why a lot of men bother with anything more than living in a tent by the river. If that production is high enough to actually produce enough necessities it might work, but would require some insanely efficient production.
The only human drive I can think of strong enough to overcome that is that it would probably give you better access to mates or prestige in the community, thus some people would be willing to do it. However you'd have to have an insanely efficient production infrastructure for it to cover all the necessities, I'd guess.