Gareth Morgan’s Opportunities Party is proposing a universal basic income of $10,400. A Universal Basic Income scheme would be expensive and more complex than it appears, write ALEX PENK and JULIAN WOOD.
OPINION: Imagine someone said they’d give you a free $10,000 each year. What would you buy, where would you go?
That’s the lure of having the government pay us an unconditional basic income (UBI), and there’s an undeniable buzz around the idea from policy nerds and economists. But before we decide whether to jump on the UBI train, we should ask where it might end up. TOP’s […]
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