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Is a Citizen’s Income Financially Feasible? Part Two: Household Financial Feasibility

  • Malcolm Torry
Chapter
  • 592 Downloads
Part of the Exploring the Basic Income Guarantee book series (BIG)

Abstract

This chapter discusses a second type of financial feasibility: one related to households’ finances rather than to governments’ finances. If at the point of implementation of a Citizen’s Income scheme low-income households were to suffer losses in their disposable incomes, or any households were to suffer significant losses, then the Citizen’s Income scheme would not be financially feasible. With a Citizen’s Income, it would be easier to turn additional earnings into additional disposable income than with means-tested benefits, initial losses would still be a problem. The chapter shows that Citizen’s Income schemes that leave means-tested benefits in place and take Citizen’s Incomes into account when means-tested benefits are calculated can pass this feasibility test, whereas schemes that abolish means-tested benefits struggle to do so.

Keywords

Disposable Income Typical Household Child Benefit Financial Feasibility Economic Research Working Paper 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The Editor(s) (if applicable) and The Author(s) 2016

Authors and Affiliations

  • Malcolm Torry
    • 1
  1. 1.LondonUK

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