Not all residents of New Mexico can count on a regular paycheck. New Mexico legislators are aware of this and are considering instituting a Universal Basic Income (UBI) program.
What is a UBI?
A UBI is defined as “a government-guaranteed payment that each citizen receives”. The concept is that a UBI will provide enough money for citizens to pay for living essentials but not for other things. People receive such a flat payment whether working or not. When it comes to paying for them, UBIs are normally funded by grants and/or increased taxes on the wealthy and/or corporations. What […]
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