MICHAEL SACHS | Income support is fated, but making it work will take political courage

MICHAEL SACHS | Income support is fated, but making it work will take political courage

The state will have to be bold to enact a system that has the wealthy, employed and unionised subsidising the poor

To make a basic income grant a feasible reality, a combination of tax measures needs to be discussed as soon as possible. DO IT NOW
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A small cash grant to the poorest workers was introduced as an ad hoc and temporary response to the collapse of employment induced by the Covid-19 lockdowns. The social relief of distress grant (Covid SRD) operates in terms of national disaster regulations and its financing depends on periodic extensions […]

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