Thanks to Golden Age of Gaia

Swiss government proposes paying everyone £1,700 a month whether they work or not in a bid to end poverty… but insists most people will still want to get a job

• Swiss residents to vote on referendum to guarantee basic monthly income
• It would be first country in the world to introduce unconditional income
• Radical plan was proposed by group of intellectuals

By Gianluca Mezzofiore For Mailonline, 29 January 2016

http://tinyurl.com/jg8u6fn

Swiss residents are to vote on a countrywide referendum about a radical plan to pay every single adult a guaranteed income of £425 a week (or £1,700 a month).

The plan, proposed by a group of intellectuals, could make the country the first in the world to pay all of its citizens a monthly basic income regardless if they work or not.

But the initiative has not gained much traction among politicians from left and right despite the fact that a referendum on it was approved by the federal government for the ballot box on June 5.
Swiss residents could get a guaranteed monthly basic income of £1,700 a month regardless if they work or not

Swiss residents could get a guaranteed monthly basic income of £1,700 a month regardless if they work or not
The radical plan also proposes that each child receives £100 a week

The radical plan also proposes that each child receives £100 a week

Under the proposed initiative, each child would also receive 145 francs (£100) a week.

The federal government estimates the cost of the proposal at 208 billion francs (£143 billion) a year.

Around 153 billion francs (£105 bn) would have to be levied from taxes, while 55 billion francs (£38 bn) would be transferred from social insurance and social assistance spending.

The group proposing the initiative, which includes artists, writers and intellectuals, cited a survey which shows that the majority of Swiss residents would continue working if the guaranteed income proposal was approved.

‘The argument of opponents that a guaranteed income would reduce the incentive of people to work is therefore largely contradicted,’ it said in a statement quoted by The Local.

However, a third of the 1,076 people interviewed for the survey by the Demoscope Institute believed that ‘others would stop working’.

And more than half of those surveyed (56 percent) believe the guaranteed income proposal will never see the light of day.

Read more: http://www.dailymail.co.uk/news/article-3422775/Swiss-government-proposes-paying-1-700-month-work-not-bid-end-poverty-insists-people-want-job.html#ixzz3ywDJBfi7
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