(65 kph) Progressives have talked about the concept of universal basic income (UBI) for years. The idea behind UBI is that the government would provide, in some way or another, a certain amount of money to everyone as a sort of minimum living standard.
Tied to the UBI concept is the notion of guaranteed income. Guaranteed income is a little different in that not everybody gets the same amount of money every time. Examples of this include Alaska’s payments to residents from the state’s oil investment fund and the casino revenue payments that some Native Americans receive. A guaranteed income […]
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