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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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It's raisins that make Post Raisin Bran so raisiny ...
(Score: 4, Interesting) by turgid on Sunday February 18 2018, @04:33PM
She's getting the NHS ready to sell off cheap to American healthcare corporations at this very moment, as part of the massive trade deal we're going to do with you in March 2019 when we Brexit. There's going to be a hospital firesale bonanza and a huge windfall for the public purse. National Insurance and Income Tax will no longer make UK healthcare free at the point of use, but we'll all have the opportunity to chose which corporation we use for treatment and which insurance company we use to fund some of the extra charges. In fact, you won't even need to have insurance. You'll be able to spend your money on beer, cigarettes, fizzy sugary drinks, chocolate, fried chicken - whatever you like - or save it up for when you get cancer. Brexit: Britain Farced. Make America Grate Again.
I refuse to engage in a battle of wits with an unarmed opponent [wikipedia.org].