The universal basic income program provides a fixed sum of money to the citizens of a country or a region by the government or any other source. It is different from social security in the United States. This income is not dependent on any test, financial status, employment status, or any other component. The goal of universal basic income program is to eliminate poverty and promote equality.
The system functions in a cycle where the funds are distributed evenly among the citizens and then earned back in the form of taxes from the ones having a higher income. Usually, the […]
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