US: Libertarian VP candidate supports basic income

This past presidential cycle, libertarian presidential candidate Gary Johnson suggested to BI News that he was “ open ” to the universal basic income. Johnson’s 2012 running mate Judge Jim Gray recently laid out a proposal for broad reform and simplification of the tax code, as well as providing a guaranteed annual stipend of $15,000.

Gray said that his policy would effectively address poverty and is consistent with “liberty” and “compassion.” At the same time, it would remove the poverty traps that people in poverty face.

“Unlike today’s welfare and social security systems, this system always has incentives to work and […]

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