List of basic income models

A basic income is a form of social security in which all citizens or residents of a country receive a regular, unconditional sum of money, either from a government or from some other public institution, independent of any other income.[1][2][3] This is a list of alternates to a full basic income that have been implemented or proposed.

NameDescriptionSpokespersonsTested inBooksFilms/articles/interviews
Basic Income, also known as Universal Basic Income (UBI), Negative Income Tax (NIT) and by many other namesJuliet Rhys-Williams, Milton Friedman, James Tobin, Philippe Van Parijs, Thomas PikettyUS and Canada (local experiments); the Iranian basic income is somewhat between a partial and a full basic income.Capitalism and FreedomNegative income tax & work, Negative income tax in Israel, Negative income tax in Ontario, Short info
Wage subsidy, sometimes known as Participation IncomeScope limited to people in work (varyingly interpreted)A. C. Pigou, Edmund Phelps, Tony Atkinson‘Inequality’ (2015; Atkinson)‘Low-wage employment subsidies versus the welfare state’ (Phelps)
Partial basic income (PBI)A partial basic income is any income guarantee set at a level that is less than enough to meet a person's basic needs.[4]Alaska (Permanent Fund of Alaska)[5]
Guaranteed minimum income, an umbrella term for many types of benefit including unemployment benefitLimited by means testing and availability for workWilliam BeveridgeWidely implemented
Citizen's dividendDependent on land value tax values from land and rentsHenry George, Thomas PaineAlaska (Permanent Fund Dividend)Agrarian Justice, Progress and Poverty
Universal dividendDependent on a portion of production, proxied by a fixed and flat tax on personal income and corporate net profits, distributed flat as a non-taxed benefit among all residents or citizens over a certain age.John MoserThe American Citizen's Dividend
Group Currency and Crypto Universal Basic Income Greg Slepak et al.
  • Andreas Fink
  • Martin Köppelmann
  • Jasper den Ouden
  • Scott Santens
  • Travis Uhrig
  • Steve Randy Waldman
  • Dionysis Zindros
VICE MotherBoard
Basic income for householdsIn the form of BI or NIT
Basic income + negative income taxA combination of BI and NITHermonie Parker investigated several versions in Instead of the DoleInstead of the Dole
$8000 UBI, $4000 (Minimum income), $4000 Carbon tax dividend.For those under 65. Seniors system unchanged.Pascal J - naturalfinance.net in Canadian context.naturalfinance.net
Basic income and social insurance Andreas BerghBergh 2004
Stake holding grantsThomas Paine, Bruce Ackerman, Anne AlstottThe Stakeholder Society, Redesigning distribution
European/regional basic incomeBasic income for a region, for example EuropeVan Parijs, Steve Quilley, Phillippe C. Schmitter m.fl.Marc's proposal, NAFTA-divident
Basic income with stringsFor example, children going to schoolBrazil (Bolsa Famila)
Basic income for special regions (such as Israel-Palestine)Philippe Van Parijs
Basic income for foodFIANTo poor countries
Global basic incomeGlobal Basic Income Foundation, Myron J. Frankman m.fl.
Local basic incomeFor a village, city, districtOtjivero (Namibia), 2 villages in China
Social creditSocial credit movement, C.H. Douglas
Basic income + flat taxEqual tax rateM. Friedman
Basic income + VATBasic income financed by tax on consumptionVivantGermany
Basic income + demurrageA self stabilizing money supply that is resistant to inflation and deflation. Omar Syed, Aamir SyedSound Money Without Commodities
Basic income financed by equal rights to natural resourcesJay Hammond, Peter BarnesAlaska, Iran (from 2011)Capitalism 3.0
Social dividendBased on publicly owned enterprises, see market socialismJames Meade, Oskar Lange, Abba Lerner, John Roemer, James Yunker
Basic income instead of subventionsIran (from 2011)
Carbon fee and dividendBasic income funded by a carbon taxCitizens' Climate LobbyBritish Columbia
Basic income to disaster regionsHaiti-1, A way to peace
Basic income in the form of energy creditsCosmic Accounting
Basic Income Startup (ReCivitas)“Lifetime Basic Income”Marcus Brancaglione, Bruna PereiraBrazil Quatinga Velho (local experiment)Lessons from the Practice of Basic Income , Basic Income Startup BRAZIL: Basic Income Startup gives “lifetime basic incomes” to villagers , NGO founds collaborative “projects network”
Basic income + monetary reform + land value taxJames Robertson, Herman Daly
Three Pillars National Dividend (ND) - a payment to all citizen-residents, paid for by a tax on the commons

National Income Supplement (NIS) - distributing all income taxes back to income earners, which would allow all income brackets to benefit from each other's success, and amplify their earnings (and underwrite labour costs)

Assisted Savings Program (ASP) - mandatory long-term savings/investment, and distributing all capital gains taxes to ASP accounts, ensuring savers benefit from each other's success, and amplify their savings [6]

Returning tax revenues to citizens through these programs is enabled by a shift to a form of Land Value Tax (called a ULT) for general revenues. The Three Pillars would also replace the minimum wage and state-run pensions.

The New Physiocratic League The New School of Economics

References

  1. "Improving Social Security in Canada Guaranteed Annual Income: A Supplementary Paper". Government of Canada. 1994. Retrieved 30 November 2013.
  2. "History of Basic Income". Basic Income Earth Network (BIEN). Archived from the original on 21 June 2008.
  3. Universal Basic Income: A Review Social Science Research Network (SSRN). Accessed August 6, 2017.
  4. "Description at U.S. Basic Income Guarantee Network". Archived from the original on 2011-07-24. Retrieved 2017-11-30.
  5. "Description at U.S. Basic Income Guarantee Network". Archived from the original on 2011-07-24. Retrieved 2017-11-30.
  6. "The New Physiocratic Platform". The New Physiocratic League. 2018. Retrieved 26 November 2018.
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