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Universal basic income: An ambition to be financed

« RUE »: une ambition à financer

Pierre Madec () and Xavier Timbeau
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Pierre Madec: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po

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Abstract: This evaluation of Universal Basic Income (UBI), the flagship proposal of French presidential candidate Benoît Hamon, highlights a potentially important impact of the measure on the living standards of the least well-off households and on inequalities in living standards. If implemented, a universal basic income would have the effect of making France one of the most egalitarian countries in the European Union. In return, the "net" cost of the programme could be high, around 45 to 50 billion euros. Given the measure's cost, financing it through an income tax reform could make the French socio-fiscal system even more redistributive, but would lead to a considerable increase in the marginal tax rates borne by the wealthiest households.

Keywords: Niveaux de vie; Foyers fiscaux; Protection sociale; Redistribution; Revenu universel (search for similar items in EconPapers)
Date: 2017-03-29
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03392510
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Citations: View citations in EconPapers (1)

Published in 2017

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