Скачать или смотреть Universal Basic Income and How It Benefits Society

Basic income is a proposed alternative to social welfare which gives every citizen of a society a guaranteed, regular income. This amount is enough to cover the basic necessities in life and is given to all citizens, regardless of their current financial status. There is no means testing and consequently no stigma attached to it. People who work will keep every cent of their basic income. People could also choose not to work and rely entirely on their basic income. The current system, at least in Australia, requires the individual to meet certain criteria. You must have under a certain amount of liquid assets, that is, if you have millions of dollars in the bank, you are not eligible. Your income is also restricted. That is, if you earn too much, your welfare is slowly cut. People with disabilities that prevent them from working are also eligible. Elderly people who do not own too much are eligible for the aged-pension. The major problem with our current system is that there is little incentive to work. If I am receiving $400 a week from welfare and then I go out and get a job, for every dollar I earn over a certain amount, my welfare is cut by a certain percentage. It’s enough to cause many people to not bother getting a job. Just say I go out and get a part-time job which pays $250 a week for 15 hours work, but my welfare is reduced from $400 to $250, then my total earnings are only $500. So, in effect, I’m working an extra 15 hours a week for only an extra $100. Maybe in America, that’s a decent hourly rate, but here it’s a bit pitiful.

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