Editor of Basic Income Today
Basic Income Today was created to provide news and information and to further the discussion and debate about Universal Basic Income.
In 2022, the D.C. government announced a pilot program that offered 132 new and expecting low-income mothers $10,800 over the course of a year — no strings attached — intended to assess how unconditional cash payments could improve their families’ outcomes and economic mobility.
For Alaskans, the concept behind universal basic income has been alive and well for the last 40 years.
Washington Democrats want to give 7,500 low-income state residents recurring cash payments for two years, no strings attached.
People who experience stressful life events or circumstances are more likely to have worse biological health, as indicated by biomarkers involved in the interaction between our immune, nervous and endocrine systems, according to a new study by UCL researchers.
Too many experiments in paying struggling households a set stipend are too short. It’s time to move on to tests that last five to 10 years to really prove the concept works.
The 40-year trickle-down delusion, fashioned by right-wing economists, politicians, and financial experts, has deprived average Americans of the means to support their families in a comfortable, debt-free manner. It was planned. It’s insidious. It’s ongoing. And it should outrage every last one of us.
Wealth of the world’s five richest people more than doubled since 2020 while 5 billion people globally became poorer
“This inequality is no accident; the billionaire class is ensuring corporations deliver more wealth to them at the expense of everyone else,” said Oxfam’s interim executive director.
More than one-quarter of all household wealth, 26.5%, belongs to Americans who earn enough money to rank in the top percentile by income, according to Federal Reserve statistics through mid-2023.
The Institute for Fiscal Studies estimates that the bottom third of Scottish households with children will, on average, be around £2,000-a-year better off than similar English households.
Pilots & Experiments
Basic Income Project’s new funding includes $2 million expected from city; program helps more than 800
Bettencourt asked the Texas attorney general to weigh in on whether the plan to give $500 monthly stipends violates the Texas Constitution.
Calling taxpayer-funded basic income programs “insane,” “socialism on steroids” and “an attack on American values,” a pair of Republican state lawmakers on Thursday advanced legislation that would prohibit such programs in Iowa.
A new cash-assistance program will provide money to the mothers of newborns Audrina Gatica and Khim’Meir Taylor, who were thrust into the spotlight Wednesday as the program officially opened for applicants.
The Social Debate
South Africa needs to revisit and rethink the use and role of its social security system, not as a poverty alleviation tool, but as a demand-side economic stimulus to meet short-term economic growth.
The proposed tax package includes several changes concerning business deductions, international trade, housing, and families.
Technology should have reduced our work hours. Why hasn’t it?
Two years after the expiration of the expanded child tax credit, a pandemic-era policy that temporarily but dramatically lowered child poverty rates, federal lawmakers are close to a bipartisan deal that may reinstate some version of the credit.
For one year, low-income families in Austin, Texas, received $1,000 a month to do whatever they wanted; they spent it on rent and “substantially” improved their situations.
A wave of experimentation in the way that U.S. cities, counties, and states support households with low incomes is sweeping the country, and Minneapolis is at the leading edge.
These L.A. residents got $1,000 a month. What happened after the cash stopped?
The innovative Basic Income for the Arts scheme offers artists a payment of €325 per week. Broadly welcomed in the sector when introduced in 2022, we look at how the pilot project has been doing
The Basics of UBI
On Prince Edward Island, a recent report has outlined how the province could reduce poverty by adopting a basic income. Meanwhile in Ottawa, the Senate is considering developing a framework for a national basic income. Momentum behind a basic income is clearly growing in Canada.
Recent experiences like the COVID-19 pandemic have brutally highlighted that traditional policy tools are inadequate in protecting the weakest sections of India.
An NIT sounds very different from a UBI because, well, it sounds like a tax, not a benefit! But as we’ll see, in most circumstances, the two are mathematically equivalent.
One fear about Universal Basic Income (UBI) is that it could cause rents to increase, partially or entirely diverting the benefit of UBI to landlords.
BMW’s newest autoworker is 5’6,” 130 pounds, walks on two legs, uses five-fingered hands to assemble machines — and takes a break every five hours to stroll to a charging station and plug itself in.
Hospitality workers told the Associated Press in interviews over eight months of bargaining that they were willing to take a cut in pay while on strike to win stronger job protection against inevitable advancements in technology.
IMF chief says now is the time to act to create a set of policies ensuring the impact of AI is beneficial to humanity
Kristalina Georgieva said now is the time to act to create a set of policies ensuring the impact of AI is beneficial not detrimental to humanity.
Aurora aims to deploy a dozen or so self-driving trucks this year, with an eye toward having thousands on the road in 2027.