Category: Basic Income

Stockton Mayor Michael Tubbs, backer of guaranteed income, loses re-election bid

Stockton Mayor Michael Tubbs, backer of guaranteed income, loses re-election bid

Stockton Mayor Michael Tubbs addresses the Sacramento Press Club on July 10, 2018. Tubbs conceded Tuesday that he had lost his bid for re-election. Stockton Mayor Michael Tubbs, who rose to prominence as a champion of a guaranteed income , has lost his bid for re-election.

The 30-year-old Democrat conceded Tuesday to Republican Kevin Lincoln, the executive pastor at a local church, becoming the fourth-straight single-term mayor of the San Joaquin Valley city of 310,000. Tubbs trailed 56% to 44%, a gap that had grown steadily since election night.

“Growing up in Stockton, my friends and I always believed that to […]

Could Canada’s new federal disability benefit lead to basic income?

Could Canada’s new federal disability benefit lead to basic income?

Could Canada’s new federal disability benefit lead to basic income?

Basic income is a guarantee that no Canadian will have to live on an income far below the poverty line. It’s as simple as that. The key is how to get it done.

By: Evelyn L. Forget | Sheila RegehrLast month’s throne speech committed to the creation of a new Canadian Disability Benefit for persons with disabilities — that’s good news. The details remain vague, but some disability advocates have long championed a basic Income for people with disabilities.The newly announced disability benefit may offer a step toward that […]

Universal basic income of €325 a week mooted for arts workers

Universal basic income of €325 a week mooted for arts workers

Three-year pilot, costing €2.5m per 1,000 participants, proposed by recovery taskforce

Clare Duignan (left), chairwoman of the Arts and Culture Recovery Taskforce, pictured with Minister for Culture and the Arts Catherine Martin. Photograph: Fennell Photography 2020 A proposal for a three-year pilot of a universal basic income in the arts, culture, audio visual and live performance and events sector has been backed unanimously by the Arts and Culture Recovery Taskforce appointed by Minister Catherine Martin.

The basic, unconditional, opt-in wage for artists and cultural workers, based on the national Minimum Wage of €10.20 an hour, would be in lieu […]

Arts Minister welcomes report which proposes universal basic income for artists

Arts Minister welcomes report which proposes universal basic income for artists

Kenneth Fox

The Minister for Arts and Culture, Catherine Martin has welcomed a new report from the Arts and Culture Recovery Taskforce, which outlines proposals for universal basic income for artists.

The Life Worth Living report sets out a number of proposals which look to support artists of all disciplines who have been negatively affected by the Covid-19 pandemic.Broadly speaking these proposals fall under a number of categories which include: Taxation and financial provision measures. Education and training supports. Technology supports. Mental health supports. Social protection measures. Copyright measures. The taskforce said it has been widely acknowledged that the impact of […]

Michael Tubbs on the potential of guaranteed-income programmes

Michael Tubbs on the potential of guaranteed-income programmes

IN MARCH 2020 Tomas Vargas junior lost his job at a commercial airport because of covid-19 and became one of 40m Americans who applied for pandemic unemployment assistance. The money didn’t arrive for weeks, but Tomas was able to fall back on the guaranteed income of $500 a month that he’d been receiving since February 2019, as part of an experimental programme I’ve been piloting in Stockton, California. He spent this unconditional cash on rent, food and bills. Building on this income floor, he gave back to his community, providing free car-repair services to essential workers and donating supplies […]

Here’s What Happened Today: Tuesday

Here's What Happened Today: Tuesday

NEED TO CATCH up? TheJournal.ie brings you a round-up of today’s news. IRELAND

The aftermath of a fire in Dublin last night Taoiseach Micheál Martin said the Government will take “no further steps” in the controversy over Seámus Woulfe’s position on the Supreme Court.

A man in his 40s was arrested after drugs, alcohol and mobile phones were discovered during the largest ever seizure of contraband at an Irish prison. A man in his 30s was also arrested after the body of a man was discovered at a house in Co Mayo this morning. Health officials announced 11 more […]

Universal basic income is regressive: Tharman

Universal basic income is regressive: Tharman

A universal basic income (UBI) is regressive and means that large numbers of people have to be taxed more heavily, said Senior Minister Tharman Shanmugaratnam at the Bloomberg New Economy Forum on Monday.

Responding to moderator and Bloomberg Quicktake chief correspondent Jason Kelly’s question on whether governments should institute a UBI, Mr Tharman called it a "bad idea" on two counts.

Firstly, it is regressive."The idea of giving everyone (the same) quantum of money is very different from giving the poor and the lower-middle-income group the support they need."He added that while many UBI proponents say it is a way of […]

We need these two policies to drive our recovery from COVID-19

We need these two policies to drive our recovery from COVID-19

Colombia’s ‘solidarity income’ has helped 3 million vulnerable households weather the pandemic Without government stimulus programmes, hundreds of millions of people will lose their livelihoods during the pandemic.

Temporary basic income and universal healthcare are both necessary to support people through this time.

They are already working in some countries – here are the details. With more than 54 million cases of COVID-19 reported globally at time of writing, many countries are struggling with second waves of the virus. The prospect of reimposing lockdowns and other restrictions, while necessary to bring the pandemic under control, could have devastating […]

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Question: 12:42 NS 88% Basic Income And Tax Revenue. Available On Sunday, November 15, 2020 5:02 PM EST Until Sunday, November 22.2020 11:30 PM EST You Are Called In By The Government To Help Design A Policy To Lift People Out Of Poverty. Your Colleague Suggests Two Possible Options: III Policy A: A Universal Basic Income 12:43 NS 88% Policy A A Universal Basic …

please I need help with this assignment. thank you Transcribed Image Text

12:42 NS 88% Basic Income and Tax Revenue. Available on Sunday, November 15, 2020 5:02 PM EST until Sunday, November 22.2020 11:30 […]

Tharman: Universal Basic Income is a bad idea for societies outside S’pore

Tharman: Universal Basic Income is a bad idea for societies outside S'pore

Senior Minister Tharman Shanmugaratnam has a blunt answer for supporters of the Universal Basic Income (UBI) policy.

The short answer — he thinks it’s a bad idea, for societies outside of Singapore.

The Coordinating Minister for Social Policies was speaking as part of a panel at the Bloomberg New Economy Forum on Nov. 16, which included industry titans like McDonald’s CEO Chris Kempczinski and Ginni Rometty, executive chairman of IBM.Other than the issue of UBI acting as a disincentive to work, which Tharman believes is still an "open issue", he believes that UBI is bad because it is regressive and would […]