A universal basic income (UBI) is a cash payment made to everyone without needing to prove they are willing to work. It is a common way of reducing poverty and has been used worldwide for decades. A UBI can be paid out monthly or in annual lump sums. The amount is set so that it […]
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A universal basic income, or UBI, is a government policy that gives every citizen a regular sum of money. It’s been a hot topic in recent years because of fears that automation will eliminate jobs and leave millions of people without an income. However, the idea hasn’t been tested on a wide scale yet. Norway […]
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Whether you are in favor of a universal basic income or not, there are some pros and cons that you should consider before you make your decision. These pros and cons are also helpful in determining whether or not a universal basic income is a good idea for your country. Reduces income inequality in the […]
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