Could social security be the foundation for a growing basic income system?

Could social security be the foundation for a growing basic income system?

Basic income is everywhere these days. The idea that anyone could receive monthly payments to supplement–or even replace–their regular income has found a foothold at a time when many people have not experienced meaningful growth in their take-home pay in years. Presidential candidate Andrew Yang is running on a platform built around basic income, and trials of the model, in various forms, have taken root everywhere from Stockton, California, to Jackson, Mississippi .

Most of the existing basic income test programs in the U.S. are funded by philanthropy or private dollars and operate in small areas. If the policy is […]

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