Tag: guaranteed income

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.

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 had already asserted […]

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Finland is giving 2,000 citizens a guaranteed income – Jan. 2, 2017

The program, which kicks off this month, is one of the first efforts to test a “universal basic income.” Participants will receive €560 ($587) a month — money that is guaranteed regardless of income, wealth or employment status.

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Carl Icahn: ‘The minimum wage should go up’ Finland has started a radical experiment: It’s giving 2,000 citizens a guaranteed income, with funds that keep flowing whether participants work or not.

The program, which kicks off this month, is one of the first efforts to test a "universal basic income." Participants will receive €560 ($587) a month — money that is guaranteed regardless of income, wealth or employment status.

The idea is that a universal income offers workers greater security, especially as technological advances reduce the need for human labor. It will also allow unemployed people to pick up odd […]

Full Post at money.cnn.com

Finland has started a radical experiment: It’s giving 2,000 citizens a guaranteed income, with funds that keep flowing whether participants work or not.

The program, which kicks off this month, is one of the first efforts to test a “universal basic income.” Participants will receive €560 ($587) a month — money that is guaranteed regardless of income, wealth or employment status.

The idea is that a universal income offers workers greater security, especially as technological advances reduce the need for human labor. It will also allow unemployed people to pick up odd jobs without losing their benefits.The initial program will run […]

Full Post at gantdaily.com

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 […]

Full Post at en.news-4-u.ru

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 […]

Full Post at steemit.com

“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 […]

Full Post at basicincome.org

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 […]

Full Post at www.thelocal.ch

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 […]

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