Basic Income For All Magnet

The idea of a universal basic income or guaranteed minimum income needs serious consideration in light of the technology advancements that pretty much guarantee that the robots are coming for our jobs. A national basic income guarantee would eliminate abject poverty and give citizens the freedom to explore lifestyles beyond the industrial age work week that has become standard in the last century. By emulating the Alaska Permanent Fund, a universal payout would be trivial to administer and could be paid for with a more progressive income tax, carbon tax or value added tax on industry.