Should Governments Pay A Basic Income?
Should We Raise The Minimum Wage? http://testu.be/1txuoie Subscribe! http://bitly.com/1iLOHml As income inequality rises, economists are debating the benefits of basic income. So what would...
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In June 2016, Switzerland will vote in a referendum on the topic of introducing a basic income. If passed, all Swiss citizens, working or unemployed, would receive about $2,500 a month as a guaranteed stipend from the government. Switzerland would become the first country in the world to implement such an idea. So, should governments pay their citizens a basic income? Well, there are a large number of variations on the idea of a basic income. Some forms already exist as Social Security for the elderly or impoverished. Others see this in the form of government benefits and assistance, also called “welfare”. But “basic income” is an unconditional amount of money guaranteed by the government, to every individual whether rich or poor. Proponents of basi...
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In June 2016, Switzerland will vote in a referendum on the topic of introducing a basic income. If passed, all Swiss citizens, working or unemployed, would receive about $2,500 a month as a guaranteed stipend from the government. Switzerland would become the first country in the world to implement such an idea. So, should governments pay their citizens a basic income? Well, there are a large number of variations on the idea of a basic income. Some forms already exist as Social Security for the elderly or impoverished. Others see this in the form of government benefits and assistance, also called “welfare”. But “basic income” is an unconditional amount of money guaranteed by the government, to every individual whether rich or poor. Proponents of basi...
