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Sign in to saveAlso known as unconditional basic income, basic income guarantee, UBI, citizen's income, universal demogrant, basic income, BI guarantee
sociopolitical financial transfer proposal
AI overview
Universal basic income is a proposal where governments would regularly give all citizens a set amount of money, regardless of whether they work or need it. It matters because supporters argue it could reduce poverty and provide financial security, while critics raise concerns about costs and whether it would affect work incentives.
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