Basic income is a direct cash transfer program that provides a regular stipend to meet the basic needs of the recipients. The recipients can spend the cash on whatever they choose, no strings attached. Basic income can be an umbrella term that applies to the various kinds of monthly cash transfer programs, as outlined below.
Guaranteed Income Is About Justice
Guaranteed income is a regular, unconditional cash payment meant to supplement, rather than replace, the existing social safety net — often targeted to low- and middle-income earners and aimed at addressing economic, racial, and gender-based injustices. Guaranteed income advocates focus on […]
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