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£10,000 proposed for everyone under 55
The government should give £10,000 to every citizen under 55, a report suggests.
The Royal Society for the encouragement of the Arts, Manufactures and Commerce (RSA) said it could pave the way to everyone getting a basic state wage.
The idea sees two payments of £5,000 paid over two years, but certain state benefits and tax reliefs would be removed at the same time.
The RSA said it would compensate workers for the way jobs are changing.
The money would help to steer UK citizens through the 2020s, "as automation replaces many jobs, climate change hits and more people face balancing employment with social care", the report said.
Also at The Guardian and CNBC.
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UK's Royal Society of Arts Proposes £10,000, 2-Year Basic Income
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* m2 stares at the monitor... it looks like a hamburger...
m2 - that's a bad sign
(Score: 2) by The Mighty Buzzard on Sunday February 18 2018, @12:02AM
Yeah, I've actually looked at what percentages of the budget and tax revenues entitlement spending comes to. You might want to do the same before you look like an even bigger idiot.
My rights don't end where your fear begins.