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Wednesday, October 16, 2013

Switzerland to vote on basic income guarantee proposal

Voters in Switzerland will be voting on on a basic income guarantee proposal, deciding whether to actually adopt a proposal made by the likes of Robert Anton Wilson, Charles Murray and others. The best article I was able to find on the proposal is here.  Salon has an interview with an economist about the proposal.

At first blush, the proposal sounds rather generous; more than $30,000 a year per adult certainly sounds like more than proponents have suggested for the U.S. I wondered when I read the news accounts if the cost of health insurance would be deducted from the income; I can't tell from any of the accounts I've read. 

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