Category: Basic Income

CPP Users: 3 Ways to Ensure Your Retirement Backpack Is Always Full

CPP Users: 3 Ways to Ensure Your Retirement Backpack Is Always Full

If you view retirement as a long and enjoyable journey, you must make sure your backpack won’t run out of provisions. Canadian Pension Plan (CPP) users look forward to the day they finally live their dreams. Excitement builds up as you approach the retirement exit.

The CPP is guaranteed income for life , and most retiring Canadians will rely on the pension for their sustenance in the sunset years. You can start payments as early as 60 and then wait for your retirement income to increase when the Old Age Security (OAS) begins at age 65.

In the retirement years, your […]

Are stimulus checks paving the way for a universal basic income?

Are stimulus checks paving the way for a universal basic income? As President Joe Biden commits to an expanded $3,000 child tax credit until 2025, some believe all these pandemic benefits signify a step forward in the conversation surrounding a universal basic income.

Biden’s stimulus checks bill, which upped the existing $2,000 credit to $3,000 and added a four-year extension, is expected to lift an additional 4.1 million children out of poverty, and Democrats in Congress are pushing to make this change permanent.

Despite steadfast opposition, support is growing for dishing out guaranteed income payments to citizens regularly even after the […]

The Meeting Place

Recently there has been plenty of discussion about reviving the UK economy after Covid to create new (and “greener”) jobs, especially to “level up” former “Red Wall” parts of the country, and “Build Back Better”. One solution gaining interest and scrutiny is Universal Basic Income, through schemes which guarantee everyone enough for their minimum needs.

In October 2020 more than 500 Peers and Councillors wrote to the Chancellor urging consideration of the idea (see note 1), and this year 172 MPs and Peers did the same, although Rishi Sunak had already responded to a Scottish enquiry that the government was […]

Why pandemic benefits are problematic for universal basic income

Why pandemic benefits are problematic for universal basic income

The writer is the editor of MoneyWeek

Let’s say you’re unemployed and someone offers you $ 15 an hour to work 40 hours a week as a shift supervisor at McDonald’s in the United States. That would give you $ 600 per week. It is not a fortune. It’s not terrible either. So, all other things being equal, if you needed some work you’d probably take it. But what if someone else offers you just over $ 600 a week if you don’t take it? $ 650 maybe – to stay home instead. I guess you could think twice.

This […]

Durham Police investigate drive-by shooting that injured 5

Durham Police investigate drive-by shooting that injured 5

DURHAM, N.C. (WTVD) — Durham Police are investigating after five people were injured in a drive-by shooting late Thursday night.

It happened shortly before midnight when officers responded to a shooting call along the 1200 block of Fayetteville Street. When police got to the scene, they found four victims — three men and a woman — suffering from gunshot wound.

They were taken to the hospital with serious injuries. A fifth victim arrived at the hospital about a half-hour later."There’s no sugarcoating this. Durham has now crossed a threshold that places us in a very unenviable and dubious club. We had […]

Why pandemic benefits spells trouble for universal basic income

Why pandemic benefits spells trouble for universal basic income

The writer is editor-in-chief of MoneyWeek

Let’s say you are unemployed and someone offers you $15 an hour to work a 40-hour week as a shift manager at McDonald’s in the US. That would give you $600 a week. It’s not a fortune. It’s not awful either. So all other things being equal, if you were in need of work you’d probably take it. But what if someone else was offering you a little over $600 a week if you didn’t take it? $650 perhaps — to stay at home instead. My guess is that you might think twice […]

Why Pandemic Benefits Cause Problems with Universal Basic Income

Why Pandemic Benefits Cause Problems with Universal Basic Income

The writer is MoneyWeek Editor-in-Chief

Suppose you are unemployed and someone offers you $ 15 an hour to work 40 hours a week as a shift manager at McDonald’s in the United States. That would be $ 600 a week. It’s not lucky. It’s not terrible. Therefore, if all other conditions are the same, you will probably accept the job if you need it. But what if you don’t receive it and someone offers just over $ 600 a week? Probably $ 650 — instead of staying at home.My guess is that you May rethink ..

This may be part […]

Universal basic income: the pros and cons

Universal basic income: the pros and cons

Enthusiasm for a universal basic income (UBI) has renewed since the pandemic. With UBI, all citizens would receive a guaranteed minimum income. So, what are the pros and cons of this policy? What is universal basic income?

With UBI the state pays a basic amount to all individuals, regardless of their own wealth and circumstances. The payment should be unconditional. ‘Universal’ means that Richard Branson would get the same amount as a office cleaner.

Citizens can use the payment for anything. An extra monthly income could help them to survive in lean times and avoid debt. If the money is […]

Livelihood

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Theses on the current problems
1. As a result of the corona pandemic, the rich have become even richer and the poor even poorer.
2. The effects and consequences of the pandemic have mainly affected the poor. Ideas for possible solutions – For a universal basic income for all people, independent of gainful employment – In the rich countries: Introduction of a complementary – i.e., income-supplementing – basic income that guarantees a living wage – In poor countries: Introduction of a basic income that is independent of employment and guarantees […]

Universal basic income bitcoin

It provides a digital form of universal basic income (UBI) to citizens worldwide by issuing a stablecoin named G$. [wpforo] Visits: Visits: 2/9/ · Stablecoin G$ Aims to Become Digital Universal Basic Income Gooddollar is a digital coin and wallet founded in September by Yoni Assia, the cofounder, and CEO of Etoro. Bitcoin automat gänserndorf?
Bitcoin price last 30 days 3/30/ · Universal basic income (UBI) is a cash income that is paid to every individual regardless of their circumstances. It is paid: Regularly (i.e. not one-off “helicopter drops”) Directly (i.e. not Estimated Reading Time: 6 mins. In […]