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Money for everyoneWhy we need a citizen's income$
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Malcolm Torry

Print publication date: 2013

Print ISBN-13: 9781447311249

Published to University Press Scholarship Online: January 2014

DOI: 10.1332/policypress/9781447311249.001.0001

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date: 18 August 2017

Imagine …

Imagine …

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(p.1) Chapter 1 Imagine …
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Money for everyone
Author(s):

Malcolm Torry

Publisher:
Policy Press
DOI:10.1332/policypress/9781447311249.003.0001

This chapter contains a variety of thought experiments. It imagines that, in order to stimulate the economy, the Government gives everyone some money, and that this becomes a permanent and popular Citizen's Income; it imagines a woman with a child, and a man with a young family, firstly anywhere in the world, and then in the UK, and their experiences of current benefits systems; and it imagines a country without a benefits system, and explores the reform options available: giving everyone the same amount, or means-testing the payment. The conclusion reached is that, in the context of a progressive income tax system, the sensible approach is a Citizen's Income. The chapter closes with a discussion of how the Citizen's Income debate out to be structured, and concludes that reform options should not be tested against tests defined by the current system, but the current system should be tested against reform options; and that it should be recognised that problems relating to any necessary transition arrangements might have more to do with the current system than with the new one.

Keywords:   Citizen's Income, Thought experiment, Citizen's Income debate, Transition arrangements, Reform options, Means-testing

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