Starting in January, 2,000 unemployed people in Finland will begin receiving 560 euros ($585) every month from the state with no strings attached.
The new scheme, which will make Finland the first country in the world to test a universal basic income at the national level, will be managed by Finland’s Social Insurance Institution, known as Kela.
"We think that this could be a big incentive for people to take on at least part-time work," said Marjukka Turunen, head of Kela’s legal affairs unit. Better off in work Recipients will not pay tax on the basic income, even if they find […]
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