Barack Obama has said UBI will be a big policy debate of the next two decades. (PA). A few years ago the idea of giving everybody a guaranteed basic income was seen as both utopian and eccentric. Today there is a remarkable and largely unexpected global momentum behind the idea.
A universal basic income (UBI) would pay every individual, as of right, a tax-free, unconditional and non-contributory weekly income, irrespective of how much they earned or their work status. Aimed at guaranteeing a no-strings-attached minimum secure income for all, a UBI would aim to strengthen the existing social […]
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