Category: Basic Income

Preliminary analysis of a European-wide survey has found young people are more in favour of introducing a universal income than their older peers. Support for such a scheme also varies considerably across Europe, with Russians the most supportive and many Scandinavians the least.

The main idea behind a universal basic income is that everyone receives a regular payment from the state regardless of any other sources of income. So it is paid to someone without a job and a millionaire at exactly the same rate and frequency. It might be just enough to cover basic needs such as food and […]

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Taxpayers across England, Scotland and Wales would be willing to pay more tax in order to fund the NHS, research has revealed.

When surveyed, over half of respondents in all areas supported the move to higher taxes to support the NHS.

The poll, by YouGov, quizzed participants on their views on increasing the basic national insurance rate from 12% to 13% and basic income tax from 20% to 21%, with the additional money being used to increase spending on the NHS.The highest support was in the south west, whereas the lowest was in London.Support for increasing national insurance was particularly high […]

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Ontario’s Basic Income pilot project is getting the attention of a Canadian Senator.

Art Eggleton believes there are three reasons why Ontario needs the program.

It’s currently being tested in a number of locations including in and around the Thunder Bay area.The former Toronto mayor says it’s to combat poverty, the rise in wealth in-equality and the changing labour market.He adds the program will not be another welfare system. Ontario’s Basic Income pilot project is getting the attention of a Canadian Senator.Art Eggleton believes there are three reasons why Ontario needs the program.It’s currently being tested in a number of […]

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A professor with the University of Tennessee College of Social Work is taking a close look at Dolly Parton’s "My People Fund" to find out how much it helped after the Sevier County Wildfires last year.

Professor Stacia West started investigating the best way to help someone after they’ve lost everything they own after the Nov. 28, 2016, wildfires displaced thousands of people, destroyed 1,300 homes, and killed 14 people .

West began her study with Dolly Parton’s "My People Fund," which was created just 48 hours after the fire. The fund provided $1,000 per month for six months to […]

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The US charity GiveDirectly has officially launched its trial of basic income in rural Kenya, and is now enrolling experimental participants.

The US $30 million experiment will be the largest trial of basic income to date, in terms of both size and duration. All residents of 200 rural Kenyan villages, comprising about 26,000 people in total, will receive some type of unconditional cash transfers during the experiment; some of these villages, moreover, will receive the universal basic income for twelve years.

It is also unique among current experiments in that it is designed as a randomized controlled trial in which […]

Full Post at basicincome.org

The next big reform could be in the a tax on the creamy later in agriculture, according to Siddhartha Rastogi, director at Ambit Private Wealth.

The first step towards ending corruption in agriculture has already been set in motion with the direct benefit transfer through fertilisers, Rastogi told BloombergQuint on this week’s Thank God It’s Friday. But “it will be a tough call for Modi” with 14-15 state elections lined up between now and 2019, he added.

Here are edited excerpts from the interview. I somewhat agree and disagree with you. Moody’s was waiting for the after-effects of both large […]

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Peston looks into the reasons we didn’t see Brexit coming WTF is book-ended by two heartfelt letters to Peston’s late father in which he bemoans the current state of politics in the UK and the USA.

With an admirable level of honesty, Peston explores the reasons why he didn’t see Brexit coming: “It turns out I have not really been living in the United Kingdom,” he says, “but in a privileged metropolitan bubble or ghetto.”

Despite describing himself as a “fully paid-up member of the community of internationalist liberals”, he believes that there is no use crying over spilt milk.He argues […]

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