Summary of Video about Universal Basic Income
Universal Basic Income (UBI) is a social policy where the state covers your cost of living. The topic about what UBI should be is still debatable, some want UBI to replace welfare, or become an addition of welfare that already existed, or UBI in sky-high amount So work becomes a choice. In this video, the concept of UBI is the Minimum Basic Income (MBI), where UBI gives enough income so the individual can be above the poverty line. The money individual gets from UBI will be not taxed and free to use […]
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