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Universal basic income and negative income tax, which is a related system, has been debated in the United States since the 1960s, and to a smaller extent also before that. During the 1960s and 1970s a number of experiments with negative income tax were conducted in United States and Canada .
Beginning in the end of 1960s, there were four universal basic income experiments conducted in the United States, all in the form of NITs.As Alicia H. Munnell, who was examining the experiments in Indiana, Seattle and Denver explains, [1] a moderate reduction in work effort (17% among women, 7% among men) has been found by the American economist Gary Burtless.
[74] He also considers a universal basic income to be socially just, arguing, although all citizens would receive the same amount in the form of the basic income at the beginning of the month, the rich would have lost significantly more money through taxes at the end of the month than they would have received through the basic income, while the ...
She ran Altman's pilot program and now oversees the full universal basic income study. For three years, the study provided 3,000 participants with either $1,000 per month or $50 a month.
They call it universal basic income (UBI)—cash for everyone, no strings attached. Comedian Dave Chappelle thinks UBI would "save my community almost instantly."
At the height of the pandemic in the U.S., politicians from Andrew Yang to Bernie Sanders touted the benefits of some form of Universal Basic Income to help Americans through unprecedented times.
Thomas Spence, an eighteenth century English radical, was apparently the first to lay out in full what is now called a universal basic income. [117] Thomas Paine, a philosopher and one of the Founding Fathers of the United States, advocated a capital grant and an unconditional citizens pension in his 1797 pamphlet Agrarian Justice. [118]
Guaranteed basic income critics often argue cash discourages work. Experts and participants say that's a myth.