Universal basic income is the practice of dispensing periodic cash payments to individuals, regardless of their financial or employment status. It is different from a welfare program in that you do not have to take a means test to determine your eligibility. You don’t have to prove that you make less than a certain amount, or that you recently lost your job. Basic income gives unconditionally, implying that it doesn’t distinguish between recipients who earn a full-time income and recipients who don’t work at all.
Those against basic income often argue that it would raise taxes on the wealthy, and […]
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