Bill in Congress would guarantee $1,200 monthly checks for Americans

Bill in Congress would guarantee $1,200 monthly checks for Americans

After months of waning interest in stimulus relief, a Democratic congresswoman has introduced a bill that would send monthly checks to many Americans in the form of a guaranteed income.

The Sending Unconditional Payments to People Overcoming Resistances to Triumph (SUPPORT) Act , sponsored by Rep. Ilhan Omar (D-Minnesota), would send $1,200 per month to single taxpayers making less than $75,000 annually and married taxpayers earning less than $150,000 per year. The bill would also distribute $600 per month per dependent to families with children.

For Americans making more, the relief would phase out by $5 for every $100 in […]

Landmark study shows Australians back a basic income

Landmark study shows Australians back a basic income

Australians overwhelmingly want a guaranteed basic income above the poverty line for every person. That is the key finding of a landmark new study from Anglicare Australia.

The Valuing Every Contribution study surveyed 1,000 Australians. It found that: Three in four Australians (77%) back an unconditional basic income above the poverty line

Two in five (38%) would use a basic income to secure their finances One in four (22%) would spend more time volunteering One in four (22%) would spend time caring One in five (20%) would improve their skills and education One in ten (12%) would reduce their […]

Scotland to host world’s largest conference on Universal Basic Income

Scotland to host world’s largest conference on Universal Basic Income

Ronnie Cowan MP said the congress comes at a ‘pivotal time’ SCOTLAND is set to host the world’s largest universal basic income (UBI) conference this month.

Basic Income Network Scotland, in partnership with the University of Strathclyde, will see the 22nd Basic Income Earth Network Congress come to Glasgow from August 18-21.

The congress – with an expansive programme of academic presentations, workshops, artists and activists from all over the world – will welcome participants including United Nations representatives to focus on taking UBI from an idea to a reality.UBI is currently defined as an unconditional, non-withdrawable income for every individual […]

More than three quarters of Australians support a basic income to end poverty, survey finds

More than three quarters of Australians support a basic income to end poverty, survey finds

Source: AAP A majority of Australians want to see a basic income introduced to lift people above the poverty line, Anglicare Australia says.

More than three quarters of Australians believe there should be an unconditional basic income to keep people above the poverty line.

A survey conducted by social welfare peak body Anglicare Australia found two in five people of the 1000 polled said it would put them in a more secure financial position.One in four said it would allow them to spend more time volunteering, while the same proportion said they could spend more time caring.A slightly smaller number would […]

Despite Supporters Like Economists And Senators, More Coronavirus Stimulus Checks Unlikely

Despite Supporters Like Economists And Senators, More Coronavirus Stimulus Checks Unlikely

JESHOOTS-com / Pixabay The IRS is now almost done sending out the third stimulus checks, and people are now expecting Congress to approve at least one more round of stimulus payment. Though another coronavirus stimulus check seems unlikely now, supporters for regular stimulus payments are growing, including economists, Senators and of course, the general public.

Q2 2021 hedge fund letters, conferences and more

Exclusive: Lee Ainslie’s Maverick Details Thesis For Biotech SectorLee Ainslie’s Maverick USA is up by about 32% year to date, although it was in the red for the second quarter. Over the last four years, the […]

Retirement Plan Annuitization Options Have a Track Record

Retirement Plan Annuitization Options Have a Track Record

What You Need to Know

Only about 5% of 401(k) plans provide an in-plan annuity option.

The Secure Act of 2019 should encourage 401(k) sponsors to add annuitization options. Offering in-plan annuities helps plan sponsors show that the top goal for retirement savings is to generate adequate retirement income. After the challenges of 2020, Americans are thinking more urgently about their financial security. While last year turned out to be a strong year for markets, it certainly didn’t look that way in March, as major indices experienced the fastest-ever decline into bear market territory.The challenge and economic turbulence of […]

Universal Basic Income licpc support attracts Anglicare survey

Universal Basic Income licpc support attracts Anglicare survey

Universal Basic Income licpc support attracts Anglicare survey 1 The Kovid1 pandemic epidemic has been a social and economic outbreak of almost unprecedented proportions in recent history but for a group of people, the silver lining of last year overcame difficulties.

“When we had coronavirus supplements, I was able to pay my rent, I was able to pay my bills on time, I was able to pay for years, I was able to buy food and clothing,” says current Austudy recipient Teddy White, who spent most of last year at JobSeeker. Was for

White says he was able to buy new […]

The church must restore faith in the ‘rainbow nation’ that has been torn apart by unrest

The church must restore faith in the ‘rainbow nation’ that has been torn apart by unrest

The events of the chaotic week in July, when mayhem was visited upon the country, with the looting of malls in KwaZulu-Natal and Gauteng, the closing of a major port of entry, the loss of lives in the stampedes and the backlash that followed, reminded all of us of the fragility of South Africa’s democracy.

First published in the Daily Maverick 168 weekly newspaper.

A number of commentators have made their opinions known about the riots that engulfed the two provinces. Amid all the hullabaloo, what has been missing is a reflection on what this means for the […]

Centre should bring law to protect land rights of tribal population: Mamata

Centre should bring law to protect land rights of tribal population: Mamata

Jhargram (WB) Aug 9 (PTI) West Bengal Chief Minister Mamata Banerjee on Monday asserted that the Centre should immediately bring a law to protect the land rights of the nation’s tribal population by disallowing the transfer of their plots to those belonging to non-tribal communities. Banerjee, who was here to attend the International Tribal Day programme in the district’s Junglemahal area, also said that her government, through its schemes, seeks to support people across all strata of the society. “Beneficiaries of the ”Lakhi Bhandar” scheme, which aims to provide basic income support to the female heads of the family, […]

Crypto-driven Universal Basic Income as a tool to reach refugees during the pandemic

Crypto-driven Universal Basic Income as a tool to reach refugees during the pandemic

LISTEN 2 HOURS AGO 0 I have two friends that always leave me feeling somewhat better after I speak with them. One is always on some cool project that stimulates my intellect so our conversations are great. I call the other one to complain about issues I have every now and then and hear his as well.

When this second guy tells me about his concerns, his debts, his personal struggles, no matter how worried I feel about my situation, I always finish the conversation feeling like “Wow Maxwell you have it not as bad as you think, AT ALL!”.

That […]