Basic Income latest news

UBI vs. Negative Income Tax

UBI vs. Negative Income Tax

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.

What $500 a Month Means to Zinida Moore

What $500 a Month Means to Zinida Moore

In an experimental program, 5,000 Chicagoans received monthly cash payments from the city for a year, no strings attached. Here’s how the money changed one woman’s life — and how it didn’t.

How Basic Income Will Impact Rent

How Basic Income Will Impact Rent

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.