Category: Basic Income

Oregon businesses are spending big to oppose a ballot measure that would tax corporations and give residents $1,600 a year in a rebate program that is similar to a universal basic income.

And lawmakers, both Democrats and Republicans, seem to agree. They say the ballot measure is riddled with problems and could crater the state’s budget.

Whether the state adopts Oregon Measure 118, however, will ultimately be up to the voters.Also called the Oregon Rebate, the measure would increase the state’s minimum corporate tax rate by 3% after a company makes $25 million in in-state revenue. Then, it would distribute that […]

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Oregon voters will decide on a corporate tax increase that could give residents a universal basic income.Grace Cary/Getty Images Oregon residents will soon vote on a corporate tax increase to give them a universal basic income.

Businesses have spent millions to oppose the 3% tax on corporate sales over $25 million.

Both Democrats and Republicans say the measure could harm the state budget and essential services. Oregon businesses are spending big to oppose a ballot measure that would tax corporations and give residents $1,600 a year in a rebate program that is similar to a universal […]

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Joe Biden In response to growing economic uncertainty and the need to support low-income individuals, several local governments across the USA are rolling out Universal Basic Income (UBI) programs. These initiatives aim to reduce poverty by offering direct financial assistance, typically ranging from $100 to $1,000 per month. This article provides an overview of the $1,000 UBI program, its eligibility criteria, how to apply, and key payment details.

Contents [ hide ] 1 Purpose

2 Eligibility 3 Application Process 4 Who Qualifies? 5 Payment Dates 6 Keeping Updated 6.1 FAQs 6.2 Who qualifies for […]

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UBI can reduce poverty and social security gaps. Existing subsidies can be redirected towards UBI to create fiscal space

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ShareREAD LATER UBI: Lending a helping hand | Photo Credit: MOHD ARIF India is on the cusp of a transformative shift in demography. With over 65 per cent of its population under 35, the country stands poised to reap its demographic dividend — a period where the working-age population outnumbers dependents. According to the United Nations Population Fund (UNFPA), this dividend will last until 2040, presenting India with a unique opportunity to enhance economic growth, reduce poverty, and spur development.However, […]

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South Africa is currently experiencing its most significant political change since the end of apartheid, following the African National Congress (ANC) losing its majority in the general elections on 29 May 2024. This historic event has led to a period of complex negotiations between the ANC and its political rivals as they strive to form a coalition government.

The upcoming weeks will involve intense discussions among political parties to form a new government. While many differing views exist, most parties, including the ANC and its main competitor, the Democratic Alliance, agree on the importance of maintaining or increasing income support […]

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