Tag: guaranteed income

What to consider before buying a franchise

What to consider before buying a franchise

Small businesses are the backbone of the Australian economy. But for many budding entrepreneurs, it makes financial sense to be part of a franchise rather than start a venture from scratch . It can mean instant brand recognition that sets your business apart from others and triggers a flow of orders from day one.

According to Angus Raine, executive chairman of the Raine & Horne real estate franchise group, the benefits of a franchise go beyond a big brand. They can include a larger referral network, greater marketing and advertising resources, ongoing training programs, access to mentors, internal recognition and […]

Former presidential candidate Andrew Yang pushes for universal basic income in Denver

Former presidential candidate Andrew Yang pushes for universal basic income in Denver

The former presidential candidate supports a local nonprofit currently giving more than 800 people monthly payments as part of a pilot program. DENVER — For the past eight months, hundreds of people experiencing homelessness in Denver have been receiving monthly payments with no rules on how to spend the money and with no obligation to pay it back.

The philosophy called “universal basic income” became Andrew Yang’s talking point when he ran for president in 2020. The former Democrat pushed for the program in Denver this week.

“I’ve met people who have benefited directly from these programs. It’s really invigorating and […]

Guaranteed income of $1,000 a month changed the lives of Marin moms and their families

Guaranteed income of $1,000 a month changed the lives of Marin moms and their families

FULL FRIDGE Jennifer Barron, a participant in the MOMentum guaranteed income program, grocery shopping with her three youngest children at a neighborhood Safeway. Photo courtesy of Jennifer Barron. A couple of years ago, I heard about the launch of a fascinating program in Marin. A group of 125 low-income moms would receive $1,000 a month for two years to spend on whatever they wanted. No strings attached.

I opened my calendar, flipped forward 24 months and made a note to call the organizer in May 2023, when the program was scheduled to end. That’s how I recently connected with Barbara […]

Family That Received Monthly $1K Checks in Year-Long Pilot Program Reveals How it Changed Their Lives

Family That Received Monthly $1K Checks in Year-Long Pilot Program Reveals How it Changed Their Lives

Homeless man with his cart seated at the street eating a sandwich (Credit: Ruben Earth/Getty Images) A Texas family that received an extra $1000 per month from a new low-income pilot program in the city of Austin says the additional funds over the past year were life-changing.

“We were homeless or half homeless, half living in a shelter,” mom of four Stephanie Hendon said of life before the program.

And with no car, she said her husband was “catching 12 buses a day to get the kids back and forth to school.”Hendon and her family received financial relief from a non-profit […]

A significant milestone in lifting people with disabilities out of poverty

A significant milestone in lifting people with disabilities out of poverty

Minister of Employment, Workforce Development and Disability Inclusion Carla Qualtrough takes part in a news conference in Ottawa, on Nov. 21, 2021. “This is a game-changer, a lifesaver even, for people living with disabilities,” says Rabia Khedr, national director of the organization Disability Without Poverty. “But now, the hard work begins.”

On Friday, after years of delays, MPs unanimously approved Bill C-22 , legislation creating the Canada Disability Benefit (CDB).

This is a significant milestone, potentially the most important addition to Canada’s social safety net since the Guaranteed Income Supplement for low-income seniors was introduced in 1967.But now that the legislative […]

TX Cities Toy With Basic Income Programs

TX Cities Toy With Basic Income Programs

Transfer of money from hand to hand | Image by file404/Shutterstock Facebook Twitter Reddit Email

As cities and jurisdictions across Texas have begun considering taxpayer-funded universal basic income (UBI) programs, studies suggest that such attempts fail to meaningfully reduce poverty.

Jumpstarted by the government-imposed shutdown of businesses and lockdown of private citizens, wealth redistribution programs have gained prominence in recent years. However, emerging data suggest that supporters have oversold the benefits.A recent study published by the Social Science Research Network found negligible differences in outcomes between sample groups of impoverished people who received no money, a cash transfer of $500, […]

Universal basic income payments: Big cities that have jumped into programs to give away money

Universal basic income payments: Big cities that have jumped into programs to give away money

Universal basic income has boomed as a favorable economic policy in big cities that are buying into the idea that providing cash directly to residents is one of the best ways to improve their quality of life.

With the growth of UBI programs, cities, counties, and states are offering as much as $1,000 per month to residents. Here are some of the most prominent UBI programs in the country that are still sending out checks or have recently ended their experiment with free cash.

BIDEN MANAGES TENSE RELATIONS WITH CHINA AS COVID-19 ISSUES REEMERGE Rochester, New York The city […]

What is Universal Basic Income and Does Canada Have It?

What is Universal Basic Income and Does Canada Have It?

Universal basic income is an unconditional cash payment that the government gives all its citizens, regardless of employment or income status .

If implemented, it would reduce poverty and income inequality in Canada. But its implementation presents several issues, with cost being the primary one.

Read on to find out more about universal basic income, the experiments conducted on it, who benefits from it, and its pros and cons.Key Takeaways Canada does not have a universal basic income. If UBI is implemented, the universal basic income will provide unconditional monthly cash transfers for every Canadian. Universal basic income experiments were conducted […]

Universal basic income payments: Cash giveaway programs expand despite mixed results

Universal basic income payments: Cash giveaway programs expand despite mixed results

In the three years since the federal government started handing out checks to provide relief from the pandemic , the idea of no-strings-attached money for all has crept further into the mainstream.

Once the provenance of policy wonks and tech entrepreneurs , universal basic income or guaranteed income programs have become a reality in several cities.

MOUNTAIN VALLEY PIPELINE BACKED BY MANCHIN CLEARS FINAL HURDLE FOR CONSTRUCTION Proponents say UBI, which provides all people in the program with a recurring cash payment regardless of their socioeconomic status, can help lift people out of poverty and protect them from financial ruin […]

UBI: A solution to poverty or a disincentive to work?

UBI: A solution to poverty or a disincentive to work?

UBI: A solution to poverty or a disincentive to work?

Universal Basic Income (UBI) has again been in the news, thanks to a statement from the Chief Economic Advisor (CEA) ruling out its implementation in India on the grounds that it could create “perverse incentives”, a euphemism for its potential to breed laziness and indolence in people. The CEA further stated that there is no moral or economic necessity at this juncture to adopt UBI.

It is necessary to understand UBI and its many forms if one is to appreciate the […]