The Revenue Side of a Universal Basic Income in the EU and Euro Area
This paper tries to answer the question of whether universal basic income on the European level is a realistic option or an illusion. As UBI implies a much larger EU budget and a redistribution of collected budget revenues, the chance of introducing UBI depends on the required redistribution – the l...
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Online Access: | https://doi.org/10.1515/danb-2015-0010 |
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doaj-51277ebb5f0a42968853f93d984b6d982021-09-05T20:42:41ZengSciendoDanube1804-82852015-09-016315917410.1515/danb-2015-0010danb-2015-0010The Revenue Side of a Universal Basic Income in the EU and Euro AreaMencinger Jože0 University of Ljubljana, Faculty of Law, Poljanski nasip 2, 1000 Ljubljana, Slovenia, and EIPF, Prešernova cesta 21, 1000 Ljubljana, Slovenia.This paper tries to answer the question of whether universal basic income on the European level is a realistic option or an illusion. As UBI implies a much larger EU budget and a redistribution of collected budget revenues, the chance of introducing UBI depends on the required redistribution – the larger the redistribution, the lower the chance. The chance is indirectly assessed by an exercise in which 50 percent of actual tax revenues generated by indirect taxes of member states is collected at the center and distributed equally to all citizens. Though the net costs to the rich are relatively modest, the results indicate that the idea of introducing UBI on the European level is an illusion.https://doi.org/10.1515/danb-2015-0010universal basic incomefiscal unionindirect taxesincome distribution |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mencinger Jože |
spellingShingle |
Mencinger Jože The Revenue Side of a Universal Basic Income in the EU and Euro Area Danube universal basic income fiscal union indirect taxes income distribution |
author_facet |
Mencinger Jože |
author_sort |
Mencinger Jože |
title |
The Revenue Side of a Universal Basic Income in the EU and Euro Area |
title_short |
The Revenue Side of a Universal Basic Income in the EU and Euro Area |
title_full |
The Revenue Side of a Universal Basic Income in the EU and Euro Area |
title_fullStr |
The Revenue Side of a Universal Basic Income in the EU and Euro Area |
title_full_unstemmed |
The Revenue Side of a Universal Basic Income in the EU and Euro Area |
title_sort |
revenue side of a universal basic income in the eu and euro area |
publisher |
Sciendo |
series |
Danube |
issn |
1804-8285 |
publishDate |
2015-09-01 |
description |
This paper tries to answer the question of whether universal basic income on the European level is a realistic option or an illusion. As UBI implies a much larger EU budget and a redistribution of collected budget revenues, the chance of introducing UBI depends on the required redistribution – the larger the redistribution, the lower the chance. The chance is indirectly assessed by an exercise in which 50 percent of actual tax revenues generated by indirect taxes of member states is collected at the center and distributed equally to all citizens. Though the net costs to the rich are relatively modest, the results indicate that the idea of introducing UBI on the European level is an illusion. |
topic |
universal basic income fiscal union indirect taxes income distribution |
url |
https://doi.org/10.1515/danb-2015-0010 |
work_keys_str_mv |
AT mencingerjoze therevenuesideofauniversalbasicincomeintheeuandeuroarea AT mencingerjoze revenuesideofauniversalbasicincomeintheeuandeuroarea |
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1717785284215570432 |