strategy
Maintaining basic income
Synonyms:
Sustaining minimum incomeIncome maintenance schemes
Providing basic income
Assuring basic income
Implementation:
The Dutch Planning Bureau has recently employed a sophisticated computer model to test a scenario in which a price-indexed individual basic income of Dutch Fl 1,200 would replace the current means-tested and household-based minimum income guarantee and housing subsidies. It would be financed from a portion of the proceeds of an income tax set at a uniform rate of 44% (instead of the present 38% to 50%). Producing a significant reduction in bureaucracy and a massive expansion of part-time work, the predicted outcome is a fall in public expenditure and a 25% reduction in the unemployment rate. The main price would be extracted from those who are unemployed and single. They would see a reduction in their benefits to half the current level. Broader:
Providing maintenance Facilitates:
Generating supplemental family wages Facilitated by:
Changing wage structuresSecuring stable annual income Problems:
Inadequate income in old ageValues:
Minimum Organizations:
Basic Income Earth Network Subjects:
Social Activity → IncomeAmenities → Maintenance
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
