A Barbados official has hinted at plans for a universal basic income, just two weeks after breaking its ties with the British monarchy.
The universal basic income (UBI) may come in the form of a ‘citizen’s dividend,’ Avinash Persaud, Special Envoy to the Prime Minister of Barbados on Investment and Financial Services said in a post last week on Facebook .
He said the country’s already existing reverse tax credit was Barbados’ ‘first foray’ into a UBI programme. If a person’s income is not above a basic level, the reverse tax credit tops up their annual salary with a payment.He wrote […]
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