It’s been all over the news and some big names have endorsed the idea . A basic income that is paid out to each citizen regardless of income, education or employment. The idea in and of itself is very enticing. There are several big advantages to the idea. These include:
1. It is harder to game the system and collect more money than is your due. This is surprisingly common with other handouts. For example, fuel subsidies in many countries are disproportionately collected by the better off .
2. By the same account, there are no extra costs associated with setting […]
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