Universal basic income? Maybe, but how?
Earlier debate on this issue here. The universal basic income (UBI) is the proposal that every adult should receive an unconditional cash benefit. The benefit is given even when the individual is working; it is given if they are looking after children, studying or spending their time on anything else they chose. UBI could, to a degree, replace some state benefits. The idea is that it is not means tested, but it could be counted as taxable income and clawed back from higher earners. The idea of UBI is distinct from a means-tested guaranteed minimum income from benefits as it is a payment to all...