The Case for Giving Kids a Basic Income

The Case for Giving Kids a Basic Income

On January 2nd, the Sociale Verzekeringsbank or Social Insurance Bank, transferred two payments of €198.38 into my bank account. One for each of my two boys, both of whom are under the age of six. The extra cash appears like magic every quarter (January, April, July and October), courtesy of SVB with a simple one-word note: kinderbijslag or child benefit.

Every family in the Netherlands with kids under the age of eighteen is entitled to the child benefit. The universal kinderbijslag is independent of the parents’ income. The amount increases when children get older to accommodate for extra expenses – […]

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