Finland started the experiment on payment of a basic income

Finland was included in 2017 as the first country in the world where some citizens get a basic income is an unconditional payment from the state, which do not depend on their income or social status. The first participants in the experiment were selected by lot 2000 unemployed.

Those who will receive a basic income within two years will not receive unemployment benefits. 560 euros is the average size of the unemployment benefit after tax. Such sum will transfer the pension Agency Kela the participants of the experiment. By the standards of Finland with an average salary of more than […]

Guaranteed Income for Every Citizen – Best Way To Revitalize Humanity

In June 2016, Switzerland voted in a referendum on the topic of introducing a basic income. If it had passed, all Swiss citizens, working or unemployed, would have received about $2,500 Swiss francs for adults and 625 francs for children per month as a guaranteed stipend from the government. Image credit Switzerland would have become the first country in the world to implement such an idea. Although the Swiss Federal Council rejected the initiative in August 2014, the rejection was more of a symbolic suggestion to vote against the basic income than a consequential political action: the Swiss people […]

BIEN Stories: Steven Shafarman

BIEN Stories: Steven Shafarman

“Toward Basic Income and a Peaceful Democratic Revolution”

By Steven Shafarman

My drive to enact a basic income – and most of my ideas about how to attract, educate, organize, and mobilize allies – arose from exploring the way young children learn to walk and talk.I first wrote about these ideas, though without the term basic income , in the mid 1980s, inspired by the analogy of “the body politic” and Abraham Maslow’s “hierarchy of needs.” Young children, as they learn to walk, outgrow crawling and leave it behind. Their basic needs are provided by parents or other […]

Guaranteed income and tax equality: what the Swiss public said no to in 2016

Guaranteed income and tax equality: what the Swiss public said no to in 2016

Guaranteed income and tax equality: what the Swiss public said no to in 2016 The ideas they dismissed included a radical plan to provide a basic income of 2,500 francs for every Swiss resident, another suggesting that foreign criminals guilty of minor crimes should be deported , and the ‘AVSPlus’ initiative which called for a ten percent increase in pension payments .

The last to be rejected, in November, had proposed Switzerland begin its withdrawal from nuclear power in 2017 .

The popular initiative that came closest to winning the public over, put to the vote in February, called for tax […]

Taking a guaranteed income

If you like the thought of using your retirement savings to give you a guaranteed income for life, you’ll still have some important decisions to make.

For instance, you can combine any pension pots you have saved elsewhere, take some tax-free cash and buy the annuity that’s right for you. Take some tax-free cash

You should be able to take up to 25% of your retirement savings as a lump sum, completely free from tax.Of course, if you choose to take some tax-free cash, it will reduce the amount of savings you have to buy your ongoing retirement income. What […]

StarDestroyer.Net BBS

This idea has been floated before and I am at the moment unsure of whether its a good idea. I do think it is one certainly worth studying and experimenting on like some countries are doing. Basically everyone gets a guaranteed income. In exchange we save money on welfare checks (since everyone gets a government handout irrespective of other sources of income, we don’t need money to catch welfare cheats).

I can see some advantages, for example if people are guaranteed an income they may spend their time doing other things like self improvement. However it will also cause inflation […]

Finland Is Running A Basic Income Experiment, And There Is Much To Learn

Finland Is Running A Basic Income Experiment, And There Is Much To Learn

Taken from http://cdn.images.express.co.uk/img/dynamic/78/590x/Finland-money-624756.jpg. The key problem at the moment, with discourse about basic income, is that evaluations do not go beyond the superficial or the general.

The key problem at the moment, with discourse about basic income, is that evaluations do not go beyond the superficial or the general. By generalising the policy concept of the basic income – of a guaranteed income provided by the government to citizens – and therefore ignoring the specifics or the permutations of different models through which basic income could be implemented, policymakers moot perspectives which are neither conclusive nor helpful. The same tired […]

How Bitcoin Could Make Distributing a Universal Basic Income Actually Possible

Beyond the crypto realm, universal basic income has seen a little traction.

Swarm’s DCOs claims to provide a basic income, although Slepak thinks the inner workings need further explanation.

Basic income, and especially universal basic income, requires a secure, tamper-proof ledger that can be audited by anyone to ensure the safe delivery of funds,” Slepak said. Future tech could make it easier to implement basic income. A Group Currency must identify all members (because you don’t want any one member to receive multiple incomes). Future robots will nab your job, but cryptocurrency could save your income. @scottsantens : @darcnos […]

As Tech Takes Jobs, Govts Debate Guaranteed Income

As Tech Takes Jobs, Govts Debate Guaranteed Income

The robots are coming for our jobs. Someday, they’ll take the wheel from human truckers, the plow from human farmers, the scalpel from human surgeons and maybe even the paintbrush from artists. But how exactly will society cope with the transition of jobs from human to machine hands?

The answer to that could be a basic income, a stipend provided by the state as a social safety net for displaced workers. In fact, President Barack Obama even weighed in on the idea of a basic income in a recent interview with Wired. “Whether a universal income is the right model […]

Unconditional Basic Income – Guaranteed Livable Income – Citizens’ Income –

Unconditional Basic Income - Guaranteed Livable Income - Citizens' Income -

Basic Income

72 Pins 56 Followers Few debates highlight the many complex issues around how governments should share a nation’s wealth and resources as much as the current discourse on basic income. Also referred to as a citizen’s income, the policy generally refers to the unconditional and universal payment of a regular sum of money to a country’s residents, usually as a replacement for a range of existing state benefits such as pensions, child allowances, tax credits and unemployment payments. Poverty Economystories Economy Poverty Income Basicincome Basic Income Basicincome Economics Unconditional Basic Unconditional Basic Income #basicincome #economics #economy […]