A Citizens' Incoem is an "unconditional, automatic and non-withdrawable payment to each individual as a right of citizenship" (Cunningham 2015).
The advantages of a CI are that it helps ameliorate "poverty and unemployment traps", it provides a safety net for all and that it contributes to social cohesion. Plus, based as it is on citizenship, it is simpler and easier to administer than means tested systems.
Cunningham (2015) argues that a CI could be financed by "removing tax allowances and reducing means testing and most contributory benefits."
Funding could also come courtesy of for instance a land value tax, a carbon tax and/or a "Tobin Tax."
The idea is that there would be three levels of CI -a children's level, standard adult level and a retiree's level. People with a disability would receive a supplement and there would have to be a London weighting.
More information can be found at www.citizenincome.org