Finland and Scotland pioneer Universal Basic Income

Finland and Scotland pioneer Universal Basic Income

Scotland is poised to join Finland and Canada in testing Universal Basic Income (UBI), a welfare system in which all citizens are given a fixed sum of money, regardless of their income or employment status. Any money earned from salaries or businesses is then taxed progressively. Read more about UBI here

Proponents of UBI say that it could empower people by offering them the flexibility to earn, learn, start a family or a business, safe in the knowledge that they will have enough money to get by. It is seen as a means to reduce welfare dependency and income […]

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