Well, yes, like the idea but…..
This new social economy will challenge liberal market capitalism and its ideology of neoliberalism. It will introduce a citizen\’s income (CI), an unconditional, non-withdrawable income payable to each individual as a right of citizenship. To meet minimum income standards, it will be worth £10,000 per annum. A partial citizen\’s income to incentivise work would be £4,600, the same as children\’s CI.
For the what, 48/50 million adults in the country that\’s £480 billion/£500 billion.
Around and about the total current tax take. I don\’t really see us either increasing tax sufficiently to cover this (taxing \”the rich\” won\’t manage it. The top 10% of familes only have some £60 billion of post tax income.) nor doing without all the things like the NHS etc that tax currently pays for.