Category: Basic Income

by Julie Hollar The Democratic primary field may be narrowing, but Andrew Yang still can’t get the media’s attention. According to the New York Times ( 12/19/19 ), which breaks down the debates by speaking minutes, Yang, polling at fifth of the seven participating candidates, with an average of 3.5% , came in last in the December debate at 10 minutes, 56 seconds; that’s nearly a minute less than Tom Steyer (polling at 1.5%), and far below centrism poster child Amy Klobuchar, who is neck-and-neck with Yang in polls but clocked a whopping 19 minutes and 53 seconds.

It’s part […]

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They will spend it immediately and kick-start demand in the economy, says the 2019 Economics Nobel Prize winner.

Instead of cutting corporate taxes, the government should put money in the hands of poorer people who will spend it immediately and kick-start demand in the economy, said Economics Nobel Prize winner Abhijit Banerjee.

He was speaking at the launch of his latest book, Good Economics for Hard Times , on Friday, along with his co-author and fellow prize winner Esther Duflo.Withnnual budget coming up in less than a month’s time, and the country in the midst of an economic crisis, […]

Full Post at www.thehindu.com

The history of basic income includes past experiments in Europe, the Manitoba project in Canada in the 1970s and similar income experiments in the USA. In addition, recent basic income pilots have debuted in Kenya, Namibia and India; while in the UK, the provision Oct 29, 2019 · The Situation. Some of the biggest evangelists for a universal basic income can be found in Silicon Valley, where technology billionaires like Mark Zuckerberg Mar 06, 2019 · Universal Basic Income would be a sort of an insurance against unemployment and hence helps in reducing poverty. It will result in equitable […]

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A handful of federal-level tax changes that take effect in 2020 are expected to provide marginal financial relief to most Canadians.

As announced last month by Finance Minister Bill Morneau , middle-income households will be subject to slightly lower federal income taxes as the basic amount most Canadians earn tax-free was increased from $12,069 to $13,229 on January 1. That increase in the basic personal amount is the Liberal government’s first step toward fulfilling its campaign promise from the recent federal election, which will see the tax-free amount raised up to $15,000 by 2023.

According to the Canadian Taxpayers Federation (CTF), […]

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Democratic presidential candidate Andrew Yang reiterated on Monday his belief that Shane Gillis should have kept his job on "Saturday Night Live" after the comedian’s bigoted comments against Chinese Americans came to light. (CNN) — Democratic presidential candidate Andrew Yang raised more than $16.5 million in the last three months of 2019, surpassing his third quarter haul by $6.5 million, his campaign announced Thursday.

Yang’s fundraising, powered by a devout grassroots supporter base known as the Yang Gang, has turned the once longshot candidate into a fixture on the debate stage who is now polling better than most of his […]

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Liberal leadership hopeful Michael Coteau is pledging to reinstate Ontario’s basic income pilot project, which the Ford government cancelled after promising to keep it during the 2018 election campaign.

Coteau, the MPP for Don Valley East, was involved in the pilot project as a cabinet minister in the Wynne government, and said the three-year study put Ontario “ahead of the game” on strategies to offset the effects of poverty.

“It was a shame to cancel that research that was being conducted,” Coteau said in an interview Thursday. “Everything is changing so drastically around us that understanding the basic income and being […]

Full Post at www.thestar.com

What do people with an unconditional basic income of 1000 euros a month do – and what does the money do with them? That’s what the stern asked people who were lucky enough to get this money for a year. The Berlin association “My Basic Income” paid it. Since 2014 – financed by donations – it has enabled around 500 people a year with a basic income (read an interview with the founder here). The star will introduce winners in a row that have already passed the year and let them report on their experiences.

Britta Jacobsen received the […]

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FacebookTwitterEmailEmbedSpeedAutoplay View all video.foxnews.com videos.Choose your providerProviders:RestartFree PreviewExpires inSign InDemocratic presidential candidate Andrew Yang set himself apart from the primary field by proposing what many consider a radical idea, a Universal Basic Income (UBI) of $1,000 per month to be paid by the government to every citizen. Conservatives hate it. Liberals love it. But there is a way that such a government grant could make sense for those on both sides of the political spectrum. UBI could work if it were simultaneously coupled with the near elimination of the present welfare system.OK, so you want a minimum income given […]

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