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(Reuters) - Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.
A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.
Organizers submitted more than the 100,000 signatures needed to call a referendum on Friday and tipped a truckload of 8 million five-rappen coins outside the parliament building in Berne, one for each person living in Switzerland.
That could never work here, I don't think I'd even have an incentive to work if that were here; let me take that back, I would work simply because my income would be about $6,000 a month which would be remarkable.
Shortsighted thinking or swiss give people once chance and then they are on their own.
Imagine giving everyone the same amount of money and checking back in a year. Those who squandered their gift money will be no better off than when they received it. Then what?
It is much better than sending $100 to Washinton DC, peeling off $80 to support the richest group in the world (DC bureaucrats) and then doling out $20 for food stamps, obamaphones, etc (and corporate masters take their cut of that).
It would be much more efficient and efficacious to give the cash to the poor.
What a magnificent country!! I'm uncertain if the base pay idea would work, but it's remarkable that they're voting on limiting executive pay in that country.
That could never work here, I don't think I'd even have an incentive to work if that were here; let me take that back, I would work simply because my income would be about $6,000 a month which would be remarkable.
It could work the biggest obstacle would be how to pay for it. Yes some people would not work so what some people do not work now. People instead of doing jobs they hate could do jobs they love or other things that are more beneficial to themselves like learn to play an instrument or spend more time with family.
It is much better than sending $100 to Washinton DC, peeling off $80 to support the richest group in the world (DC bureaucrats) and then doling out $20 for food stamps, obamaphones, etc (and corporate masters take their cut of that).
It would be much more efficient and efficacious to give the cash to the poor.
It is much better than sending $100 to Washinton DC, peeling off $80 to support the richest group in the world (DC bureaucrats) and then doling out $20 for food stamps, obamaphones, etc (and corporate masters take their cut of that).
It would be much more efficient and efficacious to give the cash to the poor.
True but the Right Wing will be strongly against it because they see the poor as less then them and hate the thought of the poor being anywhere as "equal" to them.
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