In a move that might make right-wing media and many US lawmakers apoplectic, Finland has launched a guaranteed universal income pilot program. The state will give out €560 ($587) a month to 2,000 residents, regardless of their job status or wealth, reports CNN. The money won’t be taxed, and the only caveat is that recipients had to have been receiving an income subsidy from the state.
Giving people money regardless of whether or not they’re working seems to defy common sense about personal responsibility and how to boost productivity. But supporters of UBI have argued that it just makes sense […]
Full Post at www.rawstory.com