Minimum Income: What You Should Know About The Idea That Could Revolutionize The 21st Century

There have been a number of guaranteed income experiments done over the years, primarily in the developing world by groups experimenting with new ideas for alleviating poverty. There was also a series of experiments carried out in the U.S. in the 1970s by the Nixon administration; those “income maintenance experiments’ took place in Colorado, Indiana, Iowa, New Jersey, North Carolina and Washington. There was one such experiment in Canada in the Trudeau era, in Dauphin, Manitoba.

In Switzerland, there is a campaign currently running to hold a referendum on a universal basic income. The Swiss proposal would see each adult receive 30,000 Swiss francs, or about CAD$35,000, per year. That is a far more generous plan than most basic income proposals. That referendum, if it takes place, is still a year or two away.
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