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Title: Finland is considering giving every citizen €800 a month
Source:
UK Telegraph
URL Source: http://www.telegraph.co.uk/news/wor ... every-citizen-800-a-month.html
Published: Dec 6, 2015
Author: Adam Boult
Post Date: 2015-12-06 12:42:26 by cranky
Keywords: None
Views: 9357
Comments: 62
Proposals for a national basic income are intended to simplify the social security system and encourage more unemployed people to take on temporary work Authorities in Finland are considering giving every citizen a tax-free payout of €800 (£576) each month. Under proposals being draw up by the Finnish Social Insurance Institution (Kela), this national basic income would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income. Unemployment in Finland is currently at record levels, and the basic income is intended to encourage more people back to work. At present, many unemployed people would be worse off if they took on low-paid temporary jobs due to loss of welfare payments. More than 10 per cent of Finland's workforce is currently unemployed, rising to 22.7 per cent among younger workers. According to research commissioned by Kela, close to 69 per cent of the Finnish population favours the idea of a national basic income. Finnish Prime Minister Juha Sipila Detractors caution that a basic income would remove people's incentive to work and lead to higher unemployment. Those in favour point to previous experiments where a basic income has been successfully trialed. The Canadian town of Dauphin experimented with a basic income guarantee in the 1970s and the results - both social and economic - were largely positive. Finnish Prime Minister Juha Sipilä supports the idea, saying: “For me, a basic income means simplifying the social security system.” The basic income will cost Finland roughly €46.7 billion per year if fully implemented. Kela's proposals are due to be submitted in November 2016. The Dutch city of Utrecht is also planning to introduce a basic income, albeit solely for welfare recipients. From next month more than 250 unemployed residents of the city will be given a monthly sum to live on, with researchers monitoring the outcome to determine what effect it has on employment. Switzerland is also considering introducing a national basic income. In September the Swiss parliament voted, with a large majority, for a motion calling on the Swiss people to reject the Popular Initiative for Unconditional Basic Income. However, a nationwide referendum on the issue is slated for 2016 and, according to a recent online poll, 49% of the Swiss would currently vote in favour of its introduction. 
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Begin Trace Mode for Comment # 42.
#1. To: cranky (#0)
(Edited)
Under proposals being draw up by the Finnish Social Insurance Institution (Kela), this national basic income would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income. Unemployment in Finland is currently at record levels, and the basic income is intended to encourage more people back to work. At present, many unemployed people would be worse off if they took on low-paid temporary jobs due to loss of welfare payments. Fair Tax advocates in the USA are considering giving every citizen a tax-free payout/prebate of $1000. each month. Under proposals being draw up by the Fair Tax legislators this national basic income would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income. Unemployment in the USA is currently at record levels, and the basic income (AKA as a 'Prebate') is intended to encourage more people back to work. At present, many unemployed people would be worse off if they took on low-paid temporary jobs due to loss of welfare payments. It's probably too late for a tax scheme like the Fair Tax (with prebate) - coupled with a repeal of ALL income tax codes, -- to avert national financial collapse, -- - but it may be worth a try.
Alaska does it. We could do it nationally by changing the laws to get money from natural resource royalties.
America can do it by just printing more paper currency based on the 'full faith and credit' of the Federal government. In fact, America should just create a billion dollar bill (featuring Øbama's mug and jug ears, of course) and clip it every newborn's certificate of live birth (birth certificates have too much info on them, gotta cut costs somewhere). That should cover all expenses, cradle to grave. Problem solved.
Why are you against an Alaska royalties type law on the Federal level? Why are so called conservatives so stupid?
You got to steal it from peter to give to paul. Its the SOS.
How are natural resources on federally owned land "stealing"? You can't be that stupid? https://useiti.doi.gov/ Revenues from the sale of natural resources on Federal lands totaled $127.4 billion between 2003 and 2013. These go directly to the state. I say, cut the state out and pay direct to US citizens all of said royalties or some of them.
#43. To: Pericles (#42)
Because instead of using it to pay for stuff needed you piss it away on voter gifts. Why not borrow money and give it away instead? Now if there were no taxes to pay and government had money left over then I could see sending everyone a check but that is never going to happen. This is economics 101.
Top • Page Up • Full Thread • Page Down • Bottom/LatestAuthorities in Finland are considering giving every citizen a tax- free payout of €800 (£576) each month.
#21. To: tpaine, cranky (#1)
#26. To: Pericles (#21)
We could do it nationally by changing the laws to get money from natural resource royalties.
#40. To: cranky (#26)
#41. To: Pericles, cranky (#40)
Why are you against an Alaska royalties type law on the Federal level? Why are so called conservatives so stupid?
#42. To: Justified, cranky (#41)
You got to steal it from peter to give to paul. Its the SOS.
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