Credit to: Adam Smith Institute

Credit to: Adam Smith Institute

In Britain, it is argued, the present welfare system does not work. To eradicate poverty, emancipate workers and raise working standards, the UBI is defended. To finance it, according to the Citizen’s Income Trust, only 2% over the cost of the welfare system for 2012-2013 would be needed.

Robin McGhee, “Opinion: Universal Basic Income is the way forward for the Liberal Democrats“, Liberal Democrat Voice, December 19 2014