Unconditional Basic Income in the Czech Republic: What Type of Taxes Could Fund It? A Theoretical Tax Analysis
Špeciánová Jitka ()
Additional contact information
Špeciánová Jitka: Faculty of Economics, University of Economics, Prague, W. Churchill Sq. 1938, Prague 3, Prague, Czech Republic
Basic Income Studies, 2018, vol. 13, issue 1, 19
Abstract:
This paper contains a summary of public support for the idea of unconditional basic income in the Czech Republic in the first part. Interest in unconditional income can be found both in the Czech political sphere and in the social sciences community. In the second part, the article theoretically analyzes the possible sources of unconditional basic income funding. The aim of this paper is to support argumentation in favor of the implementation of BI by a systematic analysis of the real possibilities of its funding through the state tax revenues. The feasibility of funding a BI scheme using taxes on labor, property, consumption, environmental taxes, financial transaction tax, and tax on the transfer of information is considered. Consideration is also given to administrative savings that the basic income system could bring. Due to political enforceability of BI, it is important to contemplate and discuss the distortions and other problems of proposed changes in taxation, which would not be negligible as can be expected.
Keywords: funding of unconditional basic income; Czech Republic; tax distortions; income tax; progressive consumption tax (search for similar items in EconPapers)
JEL-codes: D60 H23 H24 H27 H31 N34 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1515/bis-2017-0024 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bpj:bistud:v:13:y:2018:i:1:p:19:n:4
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/bis/html
DOI: 10.1515/bis-2017-0024
Access Statistics for this article
Basic Income Studies is currently edited by Anne-Louise Haagh and Michael W. Howard
More articles in Basic Income Studies from De Gruyter
Bibliographic data for series maintained by Peter Golla ().