Growing support for the idea of Universal Basic Income is challenged in a new report from the California Business Roundtable (CBRT) which argues that it is better to recognize workers value in society through programs like the Earned Income Tax Credit (EITC) rather than promote Universal Basic Income “which essentially discards lower-income residents as obsolete resources.”
That assertion was among a number of recommendations offered in the report titled “Jobs, Poverty and Upward Mobility.”
Concerned that current government programs are designed to merely make poverty more tolerable, the project (with help of a grant from the James Irvine Foundation) looked […]
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