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

Malcolm Torry

Chapter Chapter 4 in The Feasibility of Citizen's Income, 2016, pp 67-86 from Palgrave Macmillan

Abstract: 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 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-1-137-53078-3_4

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DOI: 10.1057/978-1-137-53078-3_4

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