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Financing a Basic Income: Explorations of International Models for Application in Australia

In: Basic Income, Disability Pensions and the Australian Political Economy

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  • Jennifer Mays

    (Queensland University of Technology)

Abstract

Policy synergy centres on developing insight into the nature of the transformation in social protection, the extent of redistribution, the character of the tax system and the pattern of work incentives. There is a synergistic relationship between redistribution and changing the nature of the taxation revenue system, to ensure the rights of all are being met. The examination contributes to stronger arguments for financing a basic income through reclaiming natural resources royalties (cost, distributional impact and feasibility) and nationalized mining. The use of international examples such as in Alaska is one way forward to reshape the Australian political economy. There is a brief excursion into sustainability debates of basic income and ecological perspective for a socially just society and greener economy.

Suggested Citation

  • Jennifer Mays, 2020. "Financing a Basic Income: Explorations of International Models for Application in Australia," Exploring the Basic Income Guarantee, in: Basic Income, Disability Pensions and the Australian Political Economy, chapter 0, pages 135-163, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-3-030-32349-3_5
    DOI: 10.1007/978-3-030-32349-3_5
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