Our proposed system is based around two simple components:
1. Basic income payment – Minimum Income Standard . All families would receive an unconditional, tax-free basic income payment that would be set at levels sufficient to alleviate poverty.
2. Unified Income Tax (UIT). The current Income Tax system and the entire National Insurance Contributions system would be replaced by a single Income Tax structure which would be clear and progressive.
A citizens\’ basic income and unification of tax and NI.
I agree, they\’re only a decade or so behind us neoliberals but better late than never, eh?