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Unconditional Basic Income in Portugal: How Can We Afford It?

In: Financing Basic Income

Author

Listed:
  • Richard Pereira

    (York University)

Abstract

This chapter demonstrates that an unconditional basic incomeUnconditional Basic Income (UBI) (UBI) paid at a high level is affordable and feasible in Portugal, without cuts to social services or contributory social insurance programmes. The proposal does not require increases to VATTaxesVAT, sales taxes or personal income taxesTaxespersonal income tax. This is an exploratory study; however, it is one based on recent comprehensive cost (and savings) analysis of UBI in several jurisdictions. Many new financing options are introduced and considered for the Portuguese case. The structure is as follows: (1) Definitions, (2) Introduction, (3) How we can afford it. How can we not? (4) Case studies and surplus financing, (5) Further Research: Completing the Portugal UBI project.

Suggested Citation

  • Richard Pereira, 2023. "Unconditional Basic Income in Portugal: How Can We Afford It?," Exploring the Basic Income Guarantee, in: Richard Pereira (ed.), Financing Basic Income, edition 2, chapter 0, pages 47-64, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-3-031-29012-1_3
    DOI: 10.1007/978-3-031-29012-1_3
    as

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