RSA: Tax Facebook to fund universal basic income

RSA: Tax Facebook to fund universal basic income

Ministers should consider slapping a new tax on tech giants like amazon, Facebook and Apple to fund a £10,000 to every Briton under 55, a think-tank today says.

The RSA said that a growing number of Britons face losing their jobs to robots and artificial intelligence in the coming years.

The UK should introduce a universal basic income (UBI) to help citizens prepare for the looming threat of mass job losses, the think-tank said.Researchers said the cash giveaway will provide Britons with the funds they need to change their lives – for example by retraining.The RSA think-tank (led by Matthew Taylor, […]

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