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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, […]
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