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Carrie Brandon-Elliott

Carrie Brandon-Elliott

Contributing Editor at Tax Notes/Tax Analysts; tax policy analyst specializing in international tax and transfer pricing

Jun 12, 2026

2:52
So let's bring this to the, the sort of subject of the podcast of where does tax come in to these discussions of universal basic income?
3:00
Well, when you have a discussion about universal basic income, you automatically need to talk about how you're gonna wanna fund it.
3:07
And so the different ways to fund it definitely often come back to some form of tax.
3:14
For example, there was a University of Chicago Law Review article that talked about funding it with carbon taxes, a combination of scaling back current cash benefits or close to cash benefits, and then a surtax that was just a flat tax that would fill in the funding gap after you reduce some cash or cash close benefits, and you maybe fund some of it with a carbon tax.
3:46
What's left over is all of individual and corporate revenue divided by the shortfall that was left.
3:55
And that, that wound up being just over nine percent, a nine percent surtax.
3:59
So if you're going to try to do universal basic income and if you're going to estimate what it's gonna cost, you have to come up with a revenue raiser, and tax is the most obvious answer.
8:38
Can you tell us what's going on there?

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