Istat: Citizenship Income performs a redistributive function

Citizenship income ‘‘effectively performs a redistributive function’‘. This was stated by the president of Istat, Gian Carlo Blangiardo, during the hearing on the budget law in the budget committees of the Chamber and Senate.

The amount represents, in the first fifth, 72.9% of the average equivalent disposable income of the beneficiary families in 2019. The largest number of beneficiary families (75.5%) is also concentrated in the first fifth, explained the president.

During 2020, the use of citizenship income “Showed a marked increase in the months following April, reflecting the spread of lockdown measures”, he added.

In the period January-April the disbursement “it mainly involved the families of the first fifth, while, in the following months, the share of beneficiary families placed in the second and third fifth increased “.

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Source: Il Blog di Beppe Grillo by beppegrillo.it.

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