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The lecture presents a paper. The paper looked at how Basic Income would be provided in Ireland.
Assumes it’ll be funded by tax.
Around 8:00-8:30, the common view is it’s not afforable without prohibitively high tax.
9:20 says it’ll be €203 a year (at 2019 levels). Then they say income tax would stay the same, a lot of tax credits would go. USC would be raised and replaced by a payment to fund Basic Income. At 10:50 he says the core of it. Increase employer PRSI a bit.
The lecture presents a paper. The paper looked at how Basic Income would be provided in Ireland.
Assumes it’ll be funded by tax.
Around 8:00-8:30, the common view is it’s not afforable without prohibitively high tax.
9:20 says it’ll be €203 a year (at 2019 levels). Then they say income tax would stay the same, a lot of tax credits would go. USC would be raised and replaced by a payment to fund Basic Income. At 10:50 he says the core of it. Increase employer PRSI a bit.
found the paper: https://web.archive.org/web/20231204202754/https://basicincome.ie/wp-content/uploads/2023/11/A-Model-Of-Basic-Income-For-Ireland-Quinn-Baker-November-2023-website-version.pdf