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> Universal Basic Income, Could it work?
Betsy2009
post 8th Jan 2016, 10:13pm
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Interesting article. What do you think of it?
I'll wait and see what happens with the Dutch but it could be a positive step.

''A no-strings basic income?

My first response to the notion of a universal basic income (UBI) was: “Well, really. That is never going to happen! I mean, it’s completely unaffordable. I mean, it would be political suicide for any progressive party suggesting it.” And then I may have started to froth at the mouth slightly and ask if it would be paid to refugees.

Yet this year will see a UBI paid to residents of Utrecht and 19 other Dutch municipalities. Everyone will get about 150 a week, whether working or not. The unemployed won’t find themselves penalised for finding work, and the hope is that the state will spend less money snooping on benefit claimants, moving on the homeless or locking up those driven to crime. Advocates of this radical idea are keen to quash any notion that recipients of free money will just use it to lie around all day getting stoned. This is why it is being piloted in Holland.

The idea is so refreshingly contrary to the petty conditionality that is killing the welfare state that it began to fill me with optimism that there may be a few people lying in this political gutter still looking at the stars. Once upon a time, universality was the underpinning principle of welfare. Every mother got child benefit; every child got free school milk, until that was snatched away by … Oh, I can’t remember – I’m not one to bear grudges.''

http://www.msn.com/en-gb/money/personalfin...ocid=spartandhp
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Heather
post 8th Jan 2016, 10:42pm
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Maggie Thatcher, the milk snatcher.

Hey with UBI, does that mean that Pensioners will also get 150 a week as well as their Pension.

Aye right.

No way will our Government pay UBI and I would agree with them.


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Betsy2009
post 8th Jan 2016, 11:07pm
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Well we'd save a fortune on benefit administrators and their overheads, including properties.
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Dykejumper
post 8th Jan 2016, 11:27pm
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The idea of UBI goes back to the 18th century and it has been trialled all over the world so there should be enough evidence for Utrecht to know if it will work.

p.s The removal of milk from schoolchildren was not a Thatcher initiative it was started by Labour.
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Heather
post 8th Jan 2016, 11:34pm
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Actually It was the Tory Government when Ted Heath was Prime Minister and Maggie Thatcher was Education Secretary.


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john.mcn
post 9th Jan 2016, 01:06am
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I received free milk in primary as did every pupil, it was under a Harold Wilson Labour government that it was stopped for secondary pupils. The same goes for mine closures, previous Labour governments shut more mines than Thatcher.

As for the article, i know its a bit of a downer but who actually pays for it?


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ktv
post 9th Jan 2016, 09:47am
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well UBI is good enough for our royals so it must be good enough for everyone else.

John, the state would pay for it.
the govs main purpose is to ensure the well being of all its citizens not just the wealthy as it would seem they do at the moment.
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john.mcn
post 9th Jan 2016, 10:29am
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Where does the state get the money for it?


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Betsy2009
post 9th Jan 2016, 11:21am
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The usual taxes, I'd imagine, same as now.
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john.mcn
post 9th Jan 2016, 11:50am
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So that would mean taxes would have to go up, what would be the point in raising taxes to then give it back as UBI. All that does is create bureaucracy and costs to manage, in other words on the whole less is given back than taken. It also might have the negative effect of pushing prices up as inflation would rise, the bank of England would raise interest rates to combat it and a slump in housing sales and building would follow. Some might have more money of course but a lot might be worse off.


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Betsy2009
post 9th Jan 2016, 12:02pm
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I've no idea how it would work. We'll have to wait and see how the Dutch do it but is that so different to taking taxes and giving it back in pensions/benefits/etc?
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Betsy2009
post 9th Jan 2016, 12:13pm
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It would prevent this ...

16 of the scariest things we just learnt about benefits reform

There would be no need for food banks. Can't be a bad thing.

http://www.msn.com/en-gb/money/news/16-of-...fFbNk?li=AA54rU
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ktv
post 9th Jan 2016, 12:22pm
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no taxes would have to go up if the gov collected the taxes it was supposed to, there would be more than enough to go round.
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john.mcn
post 9th Jan 2016, 12:41pm
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Supposed to?
Individuals and companies are not doing anything illegal by limiting their tax liabilities.


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ktv
post 9th Jan 2016, 02:30pm
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i never said anyone was doing anything illegal.

but if the gov collected all the tax they where due instead of allowing loopholes all over the place then there would be plenty of money and no need for the austerity myth.
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