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Universal basic income (UBI) [note 1] is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform work.
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Arguably the first to propose a system with great similarities to a national basic income in the United States was Thomas Paine, in Agrarian Justice, 1796/1797.His idea was that a few "basic incomes" to young people, in their 20s, financed by tax on heritage, was highly needed and also a matter of justice.
The University of Beira Interior (UBI; Portuguese: Universidade da Beira Interior) is a public university located in the city of Covilhã, Portugal.It was created in 1979, and has about 6,879 students distributed across a multiplicity of graduation courses, awarding all academic degrees in fields ranging from medicine, biochemistry, biomedical sciences and industrial design to aeronautical ...
Universal basic income (UBI) is discussed in many countries. This article summarizes the national and regional debates, where it takes place, and is a complement to the main article on the subject: universal basic income .
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A very common concern regarding the UBI is whether or not it should be distributed to rich as well to the poor. Most advocates argue that it should be a universal and basic right for every citizen. [16] Its function as a payment to everyone, rich and poor, is the very premise of its universality as opposed to just a basic income.
It advocated replacing a swathe of UK means-tested benefits with a single universal payment as a response to the changing landscape of work and an ageing population. In March 2019, the New Economics Foundation (NEF) produced the report Nothing Personal: Replacing the personal tax allowance with a Weekly National Allowance.