A universal basic income (UBI) can be financed through various methods. One approach is to fund UBI through existing benefits and income tax systems, creating new money, or using a dividend from a permanent fund . Another method is to finance UBI through a citizens’ wealth fund, which is funded by taxes on wealth without raising taxes on earned income . Additionally, governments can create money and pay it as a UBI to bridge the gap between earned income and Gross Domestic Product (GDP) . Another proposal suggests financing UBI through digital royalties charged on data generated by individuals […]
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