A LAWMAKER is batting for a Universal Basic Income (UBI) system as part of the proposed third economic stimulus fund, with those with higher income to be taxed more to help fund this component.
In a statement on Friday, Albay 2nd District Representative Jose Ma. Clemente S. Salceda said the implementation of the proposed Bayanihan to Arise as One Act is “an opportunity to experiment with UBI.” The bill for the third economic stimulus fund was approved jointly by the House Committees on Economic Affairs and Social Services.
“The concept of UBI is that it is a measure to correct some […]
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