Senior ministry official picks holes in proposed basic income scheme

Senior ministry official picks holes in proposed basic income scheme

Martti Hetemäki, the permanent secretary at the Ministry of Finance, is concerned that the proposed basic income schemes could discourage recipients from finding employment. The introduction of a basic income system would inevitably reduce the rate of employment in Finland, warns Martti Hetemäki, the permanent state secretary at the Ministry of Finance. A lower employment rate, in turn, would erode the tax base and consequently compromise the funding of public services and social security benefits, he argues in a column published on the website of the Ministry of Finance on Tuesday . Hetemäki instead expresses his support for the […]

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