HOW TO IMPLEMENT A UNIVERSAL BASIC INCOME WITH LOW RISK

Establish a New Authority to Manage the UBI

  1. ensuring everyone who is entitled receives the UBI, without ‘double dipping’ and for on-going management of the UBI
  2. setting the target amount for the UBI and timing to get it to the poverty line, and then keeping it at or above that level.
  3. ensuring payment of the UBI was managed to limit its inflationary impact and to keep the labour market in dynamic balance, as explained below.

Start Small

Using the UBI to Help Manage the Economy

Integration with Welfare

Recovering the UBI Based on Income

Net Benefit to Those Who Need It

Basic Income Insurance

Summary of Offsets and Strategies to Limit Inflation

Overall Impact

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