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Tax credits are a subsidy to capital, whatever impact they have on poverty and the incomes of wage workers. One US estimate suggests that for every dollar spent on the EITC the low-wage worker gains 73 cents while the employer gains 27 cents by paying lower wages. In the similar finding for the UK,…

[...] A job guarantee would be a deception. What sort of jobs would be guaranteed? At what rate of pay would they be provided? What would be the consequence for declining the specific job being 'guaranteed'? Since it is completely unrealistic to guarantee everyone a job that suits them, makes use o…

First, measuring income is complicated and involves arbitrary cut-off rules. Taking and 'wealth' into account encourages dis-saving, which reduces resilience at times of financial stress.

Second, applying means tests entails high costs, both for the administration and for claimants who must…

Ever since debates on poverty and basic income began, some have argued that income support should be conditional on 'making a contribution to society'. The late Tony Atkinson was a longstanding proponent of a 'participation income', while something similar was proposed earlier by Andre Gorz. In his…