Category: Basic Income

As the year draws to a close, residents of various U.S. states can look forward to a welcome financial boost through tax refunds and other assistance programs. These initiatives are designed to help families manage everyday expenses and combat the challenges posed by inflation. Understanding the Financial Landscape

This Article Includes [ hide ] 1 Understanding the Financial Landscape

2 The GBI Program: A Comprehensive Approach 3 State-Specific Stimulus Payments 3.1 Alaska 3.2 California 3.3 Idaho 3.4 Rhode Island 3.5 South Carolina 3.6 Virginia 4 Conclusion The economic landscape […]

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Canada $500/M + $2100 GIS Extra Increase in 2024 As of 2024, Canada’s Guaranteed Income Supplement (GIS) for seniors with limited income is set to increase by $500 per month, with an additional $2,100 annually . This change is designed to better support seniors facing rising living costs, providing additional financial security. This article will cover eligibility requirements, application steps, and payment dates, and offer practical advice for those looking to benefit from this new financial support. Canada $500/M + $2100 GIS Extra Increase in 2024

Topic Details GIS Increase in 2024 $500 monthly + $2,100 extra annually […]

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For over a decade, Bhutan has implemented Economic Stimulus Plans (ESPs) in response to economic challenges, especially aiming to address issues like unemployment, poverty, and fiscal downturn caused by external shocks. However, these ESPs, particularly those introduced in 2013 and 2024, have faced extensive criticism due to their limited impact and issues with accessibility, sustainability, and inequitable benefit distribution.

Now, more than ever, Bhutan stands at a critical economic juncture. Instead of cycling through stimulus plans with limited effectiveness, Bhutan could explore an innovative solution—Universal Basic Income (UBI). UBI offers a simpler, more inclusive, and potentially transformative approach to economic […]

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How do basic income programs impact employment? In recent years, many communities across the world have begun to test basic income programs, unconditional cash transfers to low income people. This type of assistance solves a problem that exists in other social safety net programs: in-kind transfers (such housing subsidies or food assistance) don’t offer much flexibility to the people that receive them. In a new working paper this month, there actually seems to be some evidence that at least one basic income has some positive impacts on the labor market. Researchers looked at a basic income program in Maricá, […]

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This blog is based on an article in the Journal of Social Policy by Cordula Zabel . Click here to access the article.

Health restrictions are widespread among recipients of basic income support for jobseekers in Germany. Yet labour market policy has followed a work-first approach, which does not seem well-adapted to the situation of benefit recipients affected by health impairments. It would be important to more strongly acknowledge the relevance of health impairments for benefit recipients and to adapt labour market policy accordingly. Greater investments in rehabilitation and subsidized employment could be helpful.

Compared to other countries such as […]

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from class:

Capitalism

Definition Economic security refers to the stability and protection of individuals’ or families’ financial resources, ensuring that they have access to basic needs like food, shelter, healthcare, and employment opportunities. It encompasses measures that provide individuals with the assurance that they can maintain a certain standard of living without facing significant risks of poverty or economic distress. This concept is closely tied to social safety nets and government policies that aim to protect citizens from economic downturns.congrats on reading the definition of economic security. now let’s actually learn it. ok, let’s learn stuff 5 Must Know […]

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OAS Payment of $2455 for Canadian Seniors: Certainly, enhancing the article can include a deeper exploration of the Guaranteed Income Supplement (GIS) application process, a detailed breakdown of how OAS adjustments are calculated, tips for maximizing benefits, and a section on how income testing affects OAS and GIS payments. Here’s the article with additional sections for a comprehensive read: New OAS Payment of $2455 for Canadian Seniors In November

In recent months, Canadians have shown a heightened interest in the Old Age Security (OAS) benefits, especially with rumours circulating about a one-time $2,455 OAS deposit expected in November […]

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Screen grab of Jacob Rostovsky video calling into a Palm Springs City Council meeting, March 24, 2022. Jacob Rostovsky, the founder and CEO of Queer Works, has been indicted on 53 felony counts for allegedly stealing nearly $1 million in tax-payer money through the LGBTQ+ non-profit.

Rostovsky, who has been “openly transgender” since age 13 and is now a self-described “transgender man,” founded Queer Works in 2018 as a non-profit organization in California. On its website , Queer Works claims to focus on mental-health support for the “transgender and gender non-binary” community by providing mental-health services, free therapy, and workshops. […]

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