Universal Basic Income (UBI) – Breaking the Poverty Cycle and Addressing Wealth Inequality

TLDR Universal Basic Income (UBI) has the potential to break the cycle of poverty, incentivize work, and address the wealth gap by redistributing existing resources and introducing higher taxes for the super-rich. Summarize any video by yourself

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� UBI aims to provide basic security and prevent individuals from falling below the poverty line, allowing them the freedom to use the money as they wish without excessive constraints or bureaucracy. � Contrary to popular belief, studies have shown that poor people do not waste their benefits on alcohol and tobacco, with the richer individuals […]

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