Pages tagged "Universal Basic Income"
A note to supporters of Universal Basic Income: it isn't working
Many organisations (from both the left and right) have lauded the concept of introducing a universal basic income (UBI). However, a recent trial in Finland has been pulled early and, far from producing some of the variety of benefits subscribed to this system, it is suggested that the introduction of UBI would require an increase in income tax by nearly 30%, increase income inequality and raise Finland's poverty rate from 11.4% to 14.1%.
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