Sunday, June 5, 2016

Switzerland to hold first ever vote on basic income

Switzerland is voting on whether to introduce a guaranteed basic income for every citizen, becoming the first country to hold such a vote.

The proposal calls for adults to be paid an unconditional income of 2,500 Swiss francs (£1,755; $2,555) a month, whether they work or not.

Supporters of the idea say 21st Century work is increasingly automated, with fewer jobs available for workers.

But polls suggest that only about one quarter of Swiss voters back the idea.

Under the terms of the basic income, workers who already earn more than SFr2,500 Swiss francs would not get any additional money...
 BBC
5/6/16

1 comment:

  1. Swiss voters have overwhelmingly rejected a proposal to introduce a guaranteed basic income for all.

    Final results from Sunday's referendum showed that nearly 77% opposed the plan, with only 23% backing it.

    The proposal had called for adults to be paid an unconditional monthly income, whether they worked or not.

    The supporters camp had suggested a monthly income of 2,500 Swiss francs (£1,755; $2,555) for adults and also SFr625 for each child.

    The amounts reflected the high cost of living in Switzerland. It is not clear how the plan would have affected people on higher salaries.

    The supporters had also argued that since work was increasingly automated, fewer jobs were available for workers.

    Switzerland is the first country to hold such a vote....BBC

    ReplyDelete

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