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Why we need a Citizen's Basic Income$
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Malcolm Torry

Print publication date: 2018

Print ISBN-13: 9781447343158

Published to Policy Press Scholarship Online: January 2019

DOI: 10.1332/policypress/9781447343158.001.0001

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Options for implementation

Options for implementation

Chapter:
(p.113) Eight Options for implementation
Source:
Why we need a Citizen's Basic Income
Author(s):

Malcolm Torry

Publisher:
Policy Press
DOI:10.1332/policypress/9781447343158.003.0008

This chapter considers four different methods for implementing a Citizen's Basic Income. The first is ‘all in one go’, which abolishes means-tested benefits. The second is ‘all in one go’, but retains means-tested benefits. The third option is gradual roll-out, in which Child Benefit would no longer be payable beyond the sixteenth birthday; that is, the sixteen-year-olds would receive no Income Tax Personal Allowance. The last option involves inviting volunteers among the pre-retired, between the age of sixty and the state pension age. The chapter evaluates each of these methods, taking into account their advantages and disadvantages, and describes an implementation scenario based on the third method. It concludes by proposing an additional option: introducing a very small Citizen's Basic Income that will rise slowly as the rates and thresholds for Income Tax and National Insurance Contributions as well as means-tested benefits adapt.

Keywords:   means-tested benefits, Child Benefit, Income Tax Personal Allowance, implementation, Citizen's Basic Income, Income Tax, National Insurance Contributions

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