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Trying out the scheme in Finland pushed me to find better work opportunities. It beats a complicated benefits system Toumas Muraja believes that the Basic Income trail in Finland was a massive success. I can see how it could really help people to start their own business as it would reduce stress and enable them to take more risks. KV Basic income models do come with a small increase in taxation. For a large number of employed people this will, however, be compensated for by the basic income. As more people manage to find work while supported by basic income, taxation for everyone can be eased. In terms of purchasing power, basic income would have a predominantly positive effect as it would help people in low-income jobs the most. The critics fear that basic income will make people
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Trying out the scheme in Finland pushed me to find better work opportunities. It beats a complicated benefits systemTrying out the scheme in Finland pushed me to find better work opportunities. It beats a complicated benefits system Toumas Muraja believes that the Basic Income trail in Finland was a massive success. I can see how it could really help people to start their own business as it would reduce stress and enable them to take more risks. KV Basic income models do come with a small increase in taxation. For a large number of employed people this will, however, be compensated for by the basic income. As more people manage to find work while supported by basic income, taxation for everyone can be eased. In terms of purchasing power, basic income would have a predominantly positive effect as it would help people in low-income jobs the most. The critics fear that basic income will make people
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Mike Norman considers the following as important:
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Toumas Muraja believes that the Basic Income trail in Finland was a massive success. I can see how it could really help people to start their own business as it would reduce stress and enable them to take more risks. KV
Basic income models do come with a small increase in taxation. For a large number of employed people this will, however, be compensated for by the basic income. As more people manage to find work while supported by basic income, taxation for everyone can be eased. In terms of purchasing power, basic income would have a predominantly positive effect as it would help people in low-income jobs the most. The critics fear that basic income will make people lazy. However, limited evidence from several basic-income trials from around the world prove that people use basic income to improve their quality of life and not as a licence to do nothing. Research has shown that unemployed people do not have a low motivation for work. Neither is it justified to say that unemployment on a large scale is the result of an unwillingness to work. The isolated cases of lazy, work-averse individuals so eagerly highlighted by the media do not represent the situation accurately.
I hope this trial encourages future governments to examine fresh options. My living costs today stand at nearly €2,000 a month – it’s a sum I would never be able to pay with just the basic income. And that was not the idea. Rather, basic income acts as the perfect incentive – it gives you security to chase other opportunities. It pushes you to seek fulfilling work – and isn’t that what unemployment benefits should do?
The Guardian