Tag: basic income

Clyde, Pandy draw partisan battle lines in 9th Congressional District debate

Clyde, Pandy draw partisan battle lines in 9th Congressional District debate

The two candidates in Georgia’s 9th Congressional District general election are opposites on nearly every policy topic.

Andrew Clyde, the Republican and front-runner in the race, said in debate Monday that he wanted to eliminate the Internal Revenue Service and implement a flat tax to replace the graduated system that taxes wealthier people a higher percentage.

That contrasted with Democrat Devin Pandy, a self-described progressive and military veteran who supports a universal basic income. The two participated Monday morning in a debate hosted by the Atlanta Press Club.Clyde, who owns a gun store in Athens, also mentioned that he disagreed with […]

As income inequality grows, money buys more happiness

As income inequality grows, money buys more happiness

Money buys more happiness than it used to. Many factors determine happiness, but one has stirred considerable controversy over the years: money.

While the adage says that money can’t buy happiness, several studies have determined that the more your income increases, the happier you are, up until $75,000 a year. After hitting that threshold, more income doesn’t make a difference.

But in a new analysis of more than 40,000 United States adults aged 30 and over, my colleague and I found an even deeper relationship between money and happiness.Because the survey data spanned five decades, from 1972 to 2016, we were […]

The road to ruin

Surprisingly little attention has been devoted to Blade Nzimande’s launch of the SACP’s “Red October” this year, though it amounted to nothing less than an all-out offensive against the government of which Nzimande is part. This follows Nzimande’s earlier designation of the Treasury and the Reserve Bank as a counter-revolutionary force attempting to impose an economic policy which has no support within the ANC. There can be little doubt that the Party, as it looks ahead at the overwhelming pressure for economic reform, is positioning itself for a major showdown.

Cynicism in confusion

Start at the end, with the […]

Opinion: With Universal Basic Income, a ‘brighter Baton Rouge’

Opinion: With Universal Basic Income, a 'brighter Baton Rouge'

Riverfront Plaza Fountain streams downward on Tuesday, Sept. 29, 2020 inn Downtown Baton Rouge. Over one-quarter of Baton Rouge citizens live in poverty — 14.7% more than the national average .

As the Rev. Dr. Martin Luther King, Jr said, “the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.”

This guaranteed income — or Universal Basic Income (UBI), as it’s widely referred to today — would be a direct, unconditional and regular cash payment issued to all members of a constituency by their government. 728×90 image ad This notion has recently […]

Economist warns extending R350 grant ‘could turn SA into Zimbabwe’

Economist warns extending R350 grant ‘could turn SA into Zimbabwe’

Should the R350 grant be extended by SASSA, there are some notable challenges ahead for South Africa – and one analyst is fearing the worst.

The future of the R350 grant from SASSA still remains up in the air. As we reported earlier, there are various campaigns to keep the scheme going past its October expiry date . However, making the temporary COVID-relief payment a more permanent fixture does not draw support from all quarters of South Africa…

Professor Bonke Dumisa spoke to the Sunday Tribune this weekend. He has echoed calls from other economists who want the R350 grant […]

Getting a Basic Income from the Stock Market

Getting a Basic Income from the Stock Market

This time, we don’t talk about trading but investing. Specifically, we will look at strategies that earn income from various high-dividend stocks and see how they can ensure additional recurring income.

Contemporary instruments, called high dividend stocks, are enjoying increasing popularity in relevant circles. Especially in recent years, more and more fund companies and asset managers have focused on the growing need for additional calculable income. What exactly are high dividend stocks, or what characterizes this security segment? Despite a wide and international variety of products, the product category essentially combines eight basic characteristics:

Listed on the Stock Exchange : […]

RSA: UK should adopt France’s partial activity scheme

RSA: UK should adopt France’s partial activity scheme

Montmartre, Paris Shutterstock Future state support for industries threatened by coronavirus needs to be better targeted and take into account the additional risk to jobs from automation, which is being introduced faster in several sectors in response to the pandemic.

A new report from thinktank RSA (Royal Society for Arts, Manufactures and Commerce) looking at the long-term prospects for jobs in the UK proposes a modified Job Support Scheme (JSS) that would see the introduction of a two-track system based on the French “partial activity” scheme.

[Our proposals] provide the basis for a system that could allow the economy to […]

Country could be testing ground for basic income

WALES could be the test ground for a pioneering initiative to introduce a basic income from the Government and a shorter working week, according to the Future Generations Commissioner, writes Chris Pyke.

Sophie Howe is leading work on how giving people an unconditional regular payment could prevent further mass unemployment and poverty caused by the pandemic.

Ms Howe, whose job remit is to look after the interests of future generations, has launched research into the practicalities of a dramatic change to how people live and work.Ms Howe, whose job remit is to look after the interests of future generations, has launched […]

Greens replace Lib Dems as UK’s third largest political party

Greens replace Lib Dems as UK’s third largest political party

The Greens are now the third most popular party in the UK, new polling has found , as support for the Liberal Democrats dwindles.

A YouGov poll puts the Greens at six per cent while the Lib Dems sit at five per cent, with the party trailing just Labour and the Conservatives.

It comes just weeks after Sir Ed Davey replaced Jo Swinson as leader of the Lib Dems in the aftermath of an electoral whitewash.The party returned just 11 seats, one fewer than at the 2017 election, with Swinson losing her own seat in Dunbartonshire East to the SNP. “Listen […]

Covid requires Budget that pays universal basic income

Covid requires Budget that pays universal basic income

(stock photo)

The Ministers for Finance and Public Expenditure and Reform (‘Budget boost for 160,000 pensioners’, Irish Independent, October 10) are to announce the largest Budget ever. “We want our Budget to recognise the difficulties people have gone through, particularly those who live at home on their own and have been unable to see their loved ones for many months,” according to a senior Government source.

The people they refer to represent a minute number compared with the remainder of the population’s difficulties. Budget 2021 is being prepared in the normal way of previous budgets, giving consideration to the interests of […]