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Universal Basic Income (UBI)

Universal Basic Income is an unconditional, individual, periodic, cash payment granted to all citizens regardless of income or employment status.
Trapezoidal income support structures (like the Earned Income Tax Credit) may fail as an economy-wide stabilizer during periods of economic recession. Relative to annual payments, more frequent, periodic payments of the EITC indicates that periodic payments reduce perceived financial stress, diminish debt accumulation and late fees, and improve mental health. “ When payment is conditional on work or narrowly targeted, basic income will increase workers’ market dependence and facilitate exploitation, but when it is generous, broadly available, and crucially, delinked from work, it will obstruct exploitation.” A tax-funded, $1k/month UBI is modeled to raise prices by 0.56% over baseline after eight years. A deficit-funded UBI of $6k/year is modeled to increase federal debt by 63.5% by 2027. A deficit-funded, $6k/year UBI is modeled to decrease GDP by 6.1% by 2027, and 9.3% by 2032
On the The Economics of a Universal Basic Income Raising Revenue with a Progressive Value-Added Tax Reweaving the Safety Net: The Best Fit For Guaranteed Income Efficient Redistribution: Comparing Basic Income with Unemployment Benefits Is There Empirical Evidence on How the Implementation of a Universal Basic Income (UBI) Affects Labour Supply? A Systematic Review No Strings Attached: The Behavioral Effects of U.S. Unconditional Cash Transfer Programs
Thomas Straubhaar William Gale Stephen Nuñez Michael Lewis Sidhya Balakrishnan Jim Jin Felix FitzRoy María-Teresa Aceytuno
Basic Income Social Wealth Fund Job Guarantee Land Value Tax
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