View Single Post
Old 10-28-2013, 04:04 PM   #1
undercoverbrother
Franchise Player
 
Join Date: Mar 2012
Location: Sylvan Lake
Exp:
Default Swiss may get Unconditional Income

Interesting:

http://www.businessinsider.com/behin...iative-2013-10

Quote:
Recently, there has been a spate of popular initiatives designed to curb inequality in the country. Earlier this year Swiss voters agreed to an idea proposed by entrepreneur Thomas Minder that limited executive (in his words, "fat cat") salaries of companies listed on the Swiss stock market. Next month voters will decide on the 1:12 Initiative, which aims to limit the salaries of CEOs to 12 times the salary of their company's lowest paid employee.
There's a crazier proposal than this, however. Earlier this month an initiative aimed at giving every Swiss adult a "basic income" that would "ensure a dignified existence and participation in the public life of the whole population" gained enough support to qualify for a referendum. The amount suggested is 2,500 francs ($2,800) a month.
While most observers think that the vote is a longshot, it has certainly sparked debate — and not just in Switzerland. Writing for USA Today, Duncan Black said that a "minimum income" should be considered for the U.S.
undercoverbrother is offline   Reply With Quote
The Following 2 Users Say Thank You to undercoverbrother For This Useful Post: