Basic income

An unconditional basic income (also called basic income, basic income guarantee, universal basic income, universal demogrant, or citizen’s income) is a form of social security system in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere.

An unconditional income transfer of less than the poverty line is sometimes referred to as a "partial basic income".

Basic income systems that are financed by the profits of publicly owned enterprises (often called social dividend or citizen's dividend) are major components in many proposed models of market socialism. Basic income schemes have also been promoted within the context of capitalist systems, where they would be financed through various forms of taxation.

Similar proposals for "capital grants provided at the age of majority" date to Thomas Paine's Agrarian Justice of 1795, there paired with asset-based egalitarianism. The phrase "social dividend" was commonly used as a synonym for basic income in the English-speaking world before 1986, after which the phrase "basic income" gained widespread currency. Prominent advocates of the concept include Philippe Van Parijs, Ailsa McKay,André Gorz, Hillel Steiner, Peter Vallentyne, and Guy Standing.

Podcasts:

PLAYLIST TIME:

Latest News for: basic income

Loar Holdings Inc. Reports Q4 2024 and Full Year 2024 Results and Upward Revision to ...

ACCESSWIRE 31 Mar 2025
Net income of $3.7 million, up $4.3 million compared to the prior year's quarter ... Net income margin for the quarter improved to 3.3% from the prior year's quarter net loss margin of 0.7% ... Income taxes receivable ... Net income per common shares-basic.

Idaho Strategic Reports Record Operating and Financial Performance for 2024

ACCESSWIRE 31 Mar 2025
Annual Revenue Increased 88.66%, While Annual Net Income Increased 663.27% ... Net Income Attributable to IDR ... Income from operations ... Other (income) expense.. Equity income on investment in Buckskin Gold and Silver, Inc ... Net income per common share-basic.

Woman runs shelter for abandoned children and elderly for two decades

Vietnam News 31 Mar 2025
However, the early years were challenging due to a lack of stable income. "In the first few years, the shelter struggled financially because there was no steady source of income," Hiên said.

What will Trump’s tariffs ‘liberate’ us from?

The Los Angeles Times 31 Mar 2025
It would be regressive because the taxes would hit the poor and middle class much harder than the wealthy, because a larger share of their income goes toward basics like gas, food and clothes.

Is Cyprus the new American dream?

CyprusMail 31 Mar 2025
The US Council on Ageing recently reported that nearly half of those over the age of 60 are now subsisting on an income that can’t sustain their basic needs; a figure that’s increasing year on year.

The Liberal Order Cannot Defend Itself, Which is Why it Needs Christianity

The Daily Sceptic 31 Mar 2025
Most of us just think about the state – politics, society, etc ... I find this myself ... dealing with systematic injustice, making provisions for the coming climate catastrophe, or imposing a basic income – or fighting a war (or imposing two-tier justice).

The history of universal basic income: The concept of UBI has been debated for centuries

Business Insider 30 Mar 2025
The Stanford Basic Income Lab says the United States now has the most active basic income programs in the world ... A Birmingham basic income program helped single mothers afford childcare, for instance, ...

Have more than £10,000 in savings? Now Reeves threatens she's coming for you with a ...

This is Money 30 Mar 2025
Savers who are paid through PAYE or get income from a pension have their tax code adjusted so they take home a little less every month until what they owe is paid off ... Once you exceed your allowance, you pay tax on interest at your income tax rate.

Subsidies worth €60m for farmers

CyprusMail 30 Mar 2025
Meanwhile, the department said a €30 million fund has been allocated for Basic Income Support for Sustainability, a decoupled direct payment scheme designed as the primary tool for supporting farm incomes.

Here’s what you need to know about SNAP vouchers – who can get the $292 ...

Independent Newsgroup 30 Mar 2025
Key factors such as monthly household income, number of household members, basic expenses, and employment or medical situation are taken into account when determining how much you’re eligible for.

‘Marvel Rivals’ Season 2 release date, characters, battle pass, and more

NME 30 Mar 2025
READ MORE. ‘Marvel Rivals’ tier list – top Duelists, Vanguards, and Strategists ... She will be able to switch between her basic form and Diamond Form, likely able to block attacks and reduce incoming damage ... ‘Marvel Rivals’ Season 2 story ... .

Here’s how a £20k ISA could generate £1k of passive income each month!

The Motley Fool 29 Mar 2025
Using a Stocks and Shares ISA to buy dividend shares is a common way for people to set up passive income streams ... For example, a £20,000 ISA could generate a four-figure monthly passive income while sticking to blue-chip FTSE 100 shares.

Lifeloc Technologies Reports 2024 Full Year Results

ACCESSWIRE 29 Mar 2025
Federal and state income taxes receivable ... Deferred income taxes ... Income taxes payable ... Statements of Income (Loss) ... Rental income ... OTHER INCOME (EXPENSE).. Interest income ... BENEFIT FROM FEDERAL AND STATE INCOME TAXES ... NET INCOME (LOSS) PER SHARE, BASIC.

Effective awareness brought down SC/ST (Prevention of Atrocities) Act cases, says TN CM

Hindustan Times 29 Mar 2025
"Also, to improve the livelihood of women through basic income generating activities, the subsidy extended through TAHDCO has been increased from ₹2.50 lakh to ₹6 lakh from 2023 and ₹8.25 crore ...

Lendway, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

ACCESSWIRE 28 Mar 2025
Net loss attributable to Lendway was $5.7 million, or a loss of $3.24 per basic and diluted share, compared to net income of $2.4 million, or $1.36 per basic and diluted share in 2023.
×