A closer look at Oregon’s $1,600 ‘rebate’

Is this a form of Universal Basic Income (UBI)?

There is no clear definition of a UBI. Some consider a UBI to be any amount of money that is sent to the citizens, provided there are few, if any, restrictions as to who gets that money. Under this loose definition, ‘The Oregon Rebate’ could be considered a universal basic income.

What is the impact on state revenues?

Will this increase prices of goods and services?

It remains to be seen whether or not this type of taxing scheme would result in increases in prices of goods and services sold in Oregon. Companies often do pass costs, including taxes, onto consumers, however Measure 118’s tax on sales