The 6th General Assembly (GA) of Basic Income Korea Network was held in Seoul. The GA is held every January, in which we examine the activities of last year and decide what activities we should carry out in the following year.
My interest in basic income stemmed from the conjecture that such a policy could help to ignite a progression away from the culture of total work. However, there are many open empirical questions regarding the exact way in which a basic income would (or would not) influence work-related attitudes and behaviors. One might hope that current and planned experiments will
Negative Income Tax, Tax Credits, and Citizen’s Basic Income, all generate the same net income. All three schemes would reduce marginal deduction rates, incentivize employment, and enable families to more easily to earn their way out of poverty.
This essay was originally published in the USBIG NewsFlash in February 2008. The unexpected success of Mike Huckabee in the Republican primaries has given a substantial boost to the small movement to replace all federal taxes with a national sales tax with an accompanying tax rebate in the form of a partial basic income (see story above). The basic
This essay was originally published in the USBIG NewsFlash in November 2007. Public awareness of BIG took a small step forward this summer when the Simpsons Movie made a joke about it. Homer and his family are greeted at the Alaskan border by an official who says, “Welcome to Alaska. Her ares a thousand dollars. We pay everyone in Alaska to
This essay was originally published in the USBIG NewsFlash in April 2007. Republican Presidential Candidate Tommy Thompson has endorsed BIG—at least in a foreign country. On his campaign website, the former Wisconsin Governor calls himself “the reliable conservative in the 2008 presidential race.” The first reason he gives is, “Tommy Thompson is the father of welfare reform.” Thompson has
This essay was originally published in the USBIG NewsFlash in September 2006. I was struck by a report in the Associated Press reported on October 12th that a 63-year-old Ohio man intentionally had himself convicted of bank robbery. Timothy J. Bowers sought a three-year prison sentence to bridge the gap until he becomes eligible for full Social Security benefits.