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UBI: Universal Basic Income w/ Ben Phillips, ANU - EP126

Economics Explored

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Universal Basic Income

Some models of UBI only apply to the working age population. So if you're on say job seeker or say you were missing out on job secret because of, you know, the wealth, the liquid assets test and some other income test you would be better off under the UBI scheme. And also you would be losing that money more gradually as you're incoming crisis. But there's people who are on the job secret payment who are working part time. They might be better off and face lower affected marginal tax rates as they increase their income. That's a big problem I see for these more expensive versions of the universal basic income.

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