Universal basic income
From ACT Wiki
(UBI).
Proposals for a basic income to be delivered in the form of unconditional periodic cash payments to all individuals, without means-testing or work requirements.
There are a wide variety of basic income proposals circulating, differing in many respects including:
- The amounts of the basic income;
- Sources of funding; and
- The nature and size of reductions in other transfers that might accompany it.