National Universal Basic Income (UBI) Program
A National Universal Basic Income (UBI) Program is a universal basic income program that is a universal national social program.
- AKA: National Guaranteed BI.
- Context:
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- Counter-Example(s):
- See: US Basic Income Guarantee Network, Post Scarcity, Public Ownership, Citizen's Dividend, Poverty Line, Negative Income Tax, Wage Subsidy, Guaranteed Minimum Income.
References
2020
- (Wikipedia, 2020) ⇒ https://en.wikipedia.org/wiki/universal_basic_income Retrieved:2020-10-13.
- Universal basic income (UBI), also called basic income, citizen's income, citizen's basic income, basic income guarantee, basic living stipend, guaranteed annual income, or universal demogrant, is a theoretical governmental public program for a periodic payment delivered to all citizens of a given population without a means test or work requirement.
Basic income can be implemented nationally, regionally, or locally. An unconditional income that is sufficient to meet a person's basic needs (i.e., at or above the poverty line) is sometimes called a full basic income; if it is less than that amount, it may be called a partial basic income. The transfers effected by basic income are the same or similar to those produced by negative income tax.
Some welfare systems can be regarded as steps on the way to a basic income, but because they have conditions attached they are not basic incomes. An example is the wage subsidy, which is a similar but less ambitious proposal; another is a guaranteed minimum income, which raises household incomes to a specified minimum.
Policies based on basic income have widespread support from professional economists. A 1995 survey found that 78% of American economists supported (with or without provisos) the proposition that ‘the government should restructure the welfare system along the lines of a negative income tax’. Several political discussions are related to the basic income debate, including those regarding automation, artificial intelligence (AI), and the future of work. A key issue in these debates is whether automation and AI will significantly reduce the number of available jobs and whether a basic income could help alleviate such problems, as well as whether an UBI could be a stepping stone to a resource based economy or post scarcity.
- Universal basic income (UBI), also called basic income, citizen's income, citizen's basic income, basic income guarantee, basic living stipend, guaranteed annual income, or universal demogrant, is a theoretical governmental public program for a periodic payment delivered to all citizens of a given population without a means test or work requirement.
2018
- (Yang, 2018) ⇒ Andrew Yang. (2018). “The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income is Our Future.” Hachette.
- QUOTE: ... The first major change would be to implement a universal basic income (UBI), which I would call the “Freedom Dividend.” The United States should provide an annual income of $12,000 for each American aged 18–64, with the amount indexed to increase with inflation. It would require a constitutional supermajority to modify or amend. The Freedom Dividend would replace the vast majority of existing welfare programs. This plan was proposed by Andy Stern, the former head of the largest labor union in the country, in his book Raising the Floor. The poverty line is currently $11,770. We would essentially be bringing all Americans to the poverty line and alleviate gross poverty. ...
2015
- http://www.usbig.net/whatisbig.php
- QUOTE: The Basic Income Guarantee is an unconditional, government-insured guarantee that all citizens will have enough income to meet their basic needs