basic income

Basics
By
Report says basic income may not reduce poverty, advocates firmly disagree

As the global economy stares down the barrel of rising inequality and increased automation, more countries are toying with the idea of a universal basic income. But a new report by the Organization for Economic Cooperation and Development (OECD) is less than enthusiastic, saying that without significant tax hikes, a basic income would do little to reduce poverty and even exacerbate it in some cases.