Universal Basic Income and income tax reform
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Authors
Rankin, Keith
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Date
2016-03-26
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Other
Ngā Upoko Tukutuku (Māori subject headings)
Keyword
New Zealand
Universal Basic Income (UBI)
income tax
flat tax
New Zealand Labour Party
policy development
tax reform
Universal Basic Income (UBI)
income tax
flat tax
New Zealand Labour Party
policy development
tax reform
ANZSRC Field of Research Code (2020)
Citation
Rankin, K.R. (2016). Universal Basic Income and Income Tax Reform. Briefing Papers. Auckland, New Zealand: AUT University. http://briefingpapers.co.nz/universal-basic-income-and-income-tax-reform/.
Abstract
The New Zealand Labour Party is investigating, among other things, the adoption of a Universal Basic Income (UBI) as a means of ensuring reduced economic insecurity in the face of an increasingly precarious labour market.It is an essential and long-overdue step, appreciating that increases in productivity should be accompanied by the development of income distribution rules that ensure productivity dividends are equitably shared.
The problem today is to manage the politics of rights-based welfare, and the widespread misinformation about such universal income solutions. Misinformation is propagated by overenthusiastic supporters, seeking a revolutionary ‘bigbang’ change that will allow people to choose not to engage with the labour market, and presumptive opponents whorestrict their criticisms to these more utopian (and easily criticised) versions of universal income.
Publisher
Auckland University of Technology
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© Copyright AUT 2017. All rights reserved.