Tag: guaranteed income

What would a ‘basic income’ for rural residents look like?

What would a ‘basic income’ for rural residents look like?

low income Analysis & Commentary Economy Future of Rural Areas A thriving rural economy An affordable place to live ‘Basic income’ is a tax-free, unconditional and non-contributory basic weekly income automatically paid to people (weekly or monthly) irrespective of how much they earn or their work status. Interest in basic income is growing– with pilots in Spain , Italy , Finland , Kenya and the Scottish Government supporting Local Authorities to explore a scheme. What does a basic income scheme in England look like and how would it work in rural areas? Jessica Sellick investigates.

What is basic […]

End the Fishing Madness

End the Fishing Madness

Page no: 11

THE LATEST reports about investigations of large-scale and sophisticated corruption in Namibia’s fishing industry (as much as N$500 million in kickbacks) is the tip of an iceberg that will not be cracked until politicians overhaul current regulations.

Questions have been asked why fishing rights and fishing quotas are given to a few individuals at the discretion of the minister, only for those Namibian beneficiaries to sell such pieces of paper (rights and quotas) to foreign investors, who make the actual catch.The broad mass of Namibians are being sold short. Tax revenue that could have gone directly […]

What would a ‘basic income’ for rural residents look like?

What would a ‘basic income’ for rural residents look like?

low income Analysis & Commentary Economy Future of Rural Areas A thriving rural economy An affordable place to live ‘Basic income’ is a tax-free, unconditional and non-contributory basic weekly income automatically paid to people (weekly or monthly) irrespective of how much they earn or their work status. Interest in basic income is growing– with pilots in Spain , Italy , Finland , Kenya and the Scottish Government supporting Local Authorities to explore a scheme. What does a basic income scheme in England look like and how would it work in rural areas? Jessica Sellick investigates.

What is basic […]

A California City Gave People $500 A Month, No Strings Attached. Here’s What Happened.

A California City Gave People $500 A Month, No Strings Attached. Here’s What Happened.

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For millions of Americans, an unexpected expense ― a broken down car, a sudden rent increase, an illness ― can be financially crippling. Forty percent would struggle to cover a $400 emergency expense. For many on low incomes, it’s a constant cycle of anxiety.The city of Stockton, California, has been experimenting with an idea – called the Stockton Economic Empowerment Demonstration (SEED) – that could help alleviate this financial vulnerability for some of its residents and ultimately improve their physical and mental health.Since February, the city has given $500 a month, […]

The First Universal Guaranteed Income Experiment Proves Cons WRONG

The First Universal Guaranteed Income Experiment Proves Cons WRONG

One of the most prevalent arguments that right-wing, Ayn Rand-loving cons give against the “socialist” idea of a universal guaranteed income is that “poor people” will just blow it on drugs and alcohol or other frivolous things. They also like to claim that it will be a disincentive for people to seek meaningful employment. They cling to this antiquated, Calvinistic belief despite evidence to the contrary.

The City of Stockton, California, is proving them wrong.

This past February, Stockton, located 50 miles south of the state capital of Sacramento, began an 18-month long experiment in which 125 people have been given […]

Universal basic income: Here’s how residents of Stockton are spending $500 a month

Universal basic income: Here’s how residents of Stockton are spending $500 a month

Yang defends universal basic income plan Some Stockton, California, residents who are participating in a widely watched “guaranteed income” trial say the monthly cash stipend has helped ease stress and allowed them to spend more time with their families.

Under the program — the first government-led experiment in basic income in the U.S. — 125 individuals were randomly selected to receive $500 for a total of 18 months.

One mother said her relationship with her daughters has improved because she is “calmer in my communication.”The “guaranteed income” trial now underway in Stockton, California , could one day […]

Retirees: 2 Incredibly Easy Ways to Boost Your CPP Payments

Retirees: 2 Incredibly Easy Ways to Boost Your CPP Payments

Despite improvements made to the plan under Liberal Prime Minister Justin Trudeau, I still wouldn’t count on the Canada Pension Plan (CPP) as my only source of income come retirement.

The current maximum you can expect from CPP is $1,154 per month, based on a standard retirement at age 65. That amount should slowly go up over time, but not much more than the rate of inflation. Thus, we can expect the purchasing power of that amount to stay relatively the same going forward.

If you and your spouse both retire at age 65, you’re looking at approximately $2,300 per month […]

For “guaranteed income” recipients, less stress and a happier home

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Yang defends universal basic income plan

CBSN Live Yang defends universal basic income plan

Aug 18, 2019 04:42 buttons/button-playertray-rightbuttons/button-playertray-right Some Stockton, California, residents who are participating in a widely watched "guaranteed income" trial say the monthly cash stipend has helped ease stress and allowed them to spend more time with their families. Under the program — the first government-led experiment in basic income in the U.S. — 125 individuals were randomly selected to receive $500 for a total of 18 months. One mother said her relationship with her daughters has improved because she is "calmer in my […]

Do millennials face greater financial struggles than baby-boomers? Moneywise research reveals Brexit-like divide

Do millennials face greater financial struggles than baby-boomers? Moneywise research reveals Brexit-like divide

Just over half of people (51%) think that younger generations face bigger financial struggles than their predecessors. This was one of the findings of the Moneywise Great British Retirement Survey , a landmark piece of research in collaboration with our parent company interactive investor that gathered together both retirement experiences and expectations amongs 10,000 working and retired adults.

Retired respondents, in particular, were keen to share their views on the intergenerational divide, with many expressing sympathy for issues affecting younger generations including high property prices, student debt and declining occupational pension provision. ‘Young people won’t have the retirement we have’

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At last! Thousands win pension freedom: Some 75,000 pensioners locked into paltry annuities are finally given access to their retirement pots

At last! Thousands win pension freedom: Some 75,000 pensioners locked into paltry annuities are finally given access to their retirement pots

More than 45,000 pensioners have broken free from poor-paying annuities and taken their savings back.

Money Mail has campaigned for years on behalf of retirees who were forced to buy trivial annuities, rather than take their pension as a meaningful lump sum.

But whether or not you can claim your pension back depends on the company who pays it — some firms still refuse to let customers cash in. Victory: Money Mail has campaigned for years on behalf of retirees who were forced to buy trivial annuities, rather than take their pension as a meaningful lump sum In all, 75,000 pensioners […]