EU gives serious consideration to Universal Basic Income

EU gives serious consideration to Universal Basic Income

The report, which passed by 17 votes to 2, urges member states to consider a general basic income in preparation for robots taking over people's jobs. It will be put in front of the entire European Parliament in February. independent.co.uk.

The concept of a universal basic income revolves around the idea of offering every individual, regardless of existing welfare benefits or earned income, a non-conditional flat-rate payment, with any income earned above that taxed progressively. The intention is to provide a basic economic platform on which people can build their lives, whether they choose to earn, learn, care or set up a business.

H/T Audrey Christie
originally shared by Aneta Petrova

Originally shared by Aneta Petrova

#EU proposes giving all #citizens a #universal #basic #income
http://www.independent.co.uk/life-style/gadgets-and-tech/universal-basic-income-robots-eu-meps-unemployment-mady-delvaux-stehres-european-parliament-a7527661.html?cmpid=facebook-post

Comments

  1. Wow that's really exciting. I hear Ontario is considering experimenting with basic income too.

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  2. Mac Vogt I saw that, too, but don't remember where.

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  3. I mean, it's probably still going to be a while before the political willpower is actually there... But I saw the other day millennials as a generation makes 20% less than previous generations at this age. Seems like the trends are really there to justify something like this.

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