$200 a week to all New Zealand families raising a child under three and additional payments for low-income families are among proposals to tackle poverty in a book co-authored by aspiring politician Gareth Morgan. They calculated a gold standard package of free universal early childhood education, increased childcare subsidies for low-income parents for under-3-year-olds, the “thriving child UBI” and a basic income for low-income families would cost roughly $3.3 billion per year.
A one percentage point increase in the GST brings in an additional $1.525 billion according to the latest budget figures at the Treasury Website.
Utopia, you are standing in it! 
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