Difference between revisions of "Issuepedia:Archive/income taxonomy/guaranteed/living/unconditional"

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(post-move tidying; also comparison to ULI)
 
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Latest revision as of 00:54, 18 October 2019

About

A guaranteed unconditional living income (GULI) is income that is guaranteed, unconditional, and enough to live on. In other words, it is an unconditional living income that is also guaranteed rather than subject to (for example) market fluctuations.

This type of income may be less practical than an unconditional living income, since it could amount to an unfunded mandate (where the amount to be distributed may exceed what would help keep the economy in balance).