The Cost of a Full Basic Income for the United Kingdom Would be £67 billion per year (3.4% of GDP)

The Cost of a Full Basic Income

Why can’t global governments get creative around the idea of UBI? Enjoy this DailyFind, love from CW!

Universal Basic Income (UBI) – a policy that would provide a regular, cash income to every citizen without means test or work requirement – is surprisingly inexpensive. The United Kingdom could introduce a full UBI (one large enough to live on) for just £67 billion per year or 3.4% of Gross Domestic Product (GDP), according to a study Georg Arendt and I recently completed. Attention to UBI in […]

Click here to view original web page at basicincome.org

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