Alternatives to Basic Income

Benjamin Leff (), Andrew Percy (), Michael Story and Maciej Szlinder
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Benjamin Leff: Washington College of Law
Andrew Percy: UCL Institute for Global Prosperity
Maciej Szlinder: The University of Wrocław

Chapter Chapter 15 in The Palgrave International Handbook of Basic Income, 2023, pp 307-326 from Palgrave Macmillan

Abstract: Abstract This chapter studies four alternatives to Basic Income, apart from current means-tested and social insurance benefits. Leff describes the most substantial existing alternative to Basic Income: the United States’ Earned Income Tax Credit. This is work-conditional, so it could never be a true substitute for a Basic Income, but it could be reformed to become more like one. The recent enhancement of the Child Tax Credit during the pandemic might offer better potential for the evolution of Basic Income. Of the wide variety of currently unimplemented alternatives to Basic Income, Story discusses Negative Income Tax and finds that it would be difficult to administer; Percy discusses Universal Basic Services—an expansion of existing public services into additional policy fields—and finds them to be compatible with Basic Income; and Szlinder finds a job guarantee to be a generally unsatisfactory alternative.

Date: 2023
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DOI: 10.1007/978-3-031-41001-7_15

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