Calls For Universal Basic Income Increase As Government Support Fails By Jasmine Norden, The Canary. November 10, 2020 Calls For Universal Basic Income Increase As Government Support Fails2020-11-102020-11-10https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/11/ubi.png200px200px Above photo: Via YouTube/The Matt Skidmore Show and YouTube/The Telegraph. Elected representatives across the UK have called on the government to prevent poverty by trialling Universal Basic Income (UBI). On 30 October, 520 MPs, councillors, peers, mayors and members of devolved assemblies, wrote to chancellor Rishi Sunak. They emphasised how current government support is leaving many families in poverty. In the letter, organised by UBI Lab Network, the elected representatives said: Millions of people have fallen through […]
Income
Chairs are stacked outside a restaurant in Montreal on Sept. 29 as the Quebec government orders restaurants, bars and casinos to close for 28 days effective midnight Sept. 30, after a recent spike in new daily coronavirus cases. Christinne Muschi/Reuters hide caption toggle caption Christinne Muschi/Reuters Chairs are stacked outside a restaurant in Montreal on Sept. 29 as the Quebec government orders restaurants, bars and casinos to close for 28 days effective midnight Sept. 30, after a recent spike in new daily coronavirus cases. Christinne Muschi/Reuters Among the enormous burdens of fending off the coronavirus pandemic, many countries closed whole sectors […]
First Trump-Biden meeting marked by constant interrutions by Trump First published 29 September 2020, Washington Post Washington, DC: Donald Trump came to heckle. He came to interrupt and to pontificate and to flail his arms, batting away questions and facts in a chaotic fury. He was a boor and a troll, holding up his stubby mitts in an angry pantomime as he tried to halt the words coming from former vice president Joe Biden’s mouth. Trump seemed to believe that with a single rude hand gesture, one that he regularly uses to assert his dominance, he could hold back the truth […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009301080615844-trump-says-paid-millions-of-dollars-in-income-tax/ Prior to the first presidential debate against Trump, Democratic nominee Biden released his tax returns, putting pressure on the US president to do the same. Donald Trump said during the Tuesday debate against Democratic presidential candidate Joe Biden that he has paid “millions of dollars” in income tax. MORE DETAILS TO FOLLOW Source link
President Trump takes a question during a news conference at the White House on Sunday, where he dismissed reporting from the “New York Times” that he has paid little or no federal income taxes in recent years as “fake news.” Joshua Roberts/Getty Images hide caption toggle caption Joshua Roberts/Getty Images President Trump takes a question during a news conference at the White House on Sunday, where he dismissed reporting from the “New York Times” that he has paid little or no federal income taxes in recent years as “fake news.” Joshua Roberts/Getty Images President Trump on Sunday dismissed a New York […]
Donald Trump paid just $750 in annual federal income taxes in 2016 and 2017, according to tax records obtained by The New York Times. But even that low sum is more than Trump paid the government in other recent years, according to the Times. In 10 out of the last 15 years, Trump paid no federal income tax, citing mammoth losses. The bombshell report offers new insight into Trump’s tax returns, which Trump has bucked presidential candidate tradition by refusing to release. Trump called the Times report “fake news” at a Sunday press conference. “The New York Times has been doing […]
eToro’s GoodDollar initiative will provide a universal basic income for some of the world’s poorest by incentivising people to yield farm on its platform. Source link
In an era when machines may leave millions of people without jobs, Russia is reportedly exploring the possibility of collecting taxes from robots, making the payments equal to income taxes paid by human employees. Russian companies may have to pay 13-percent tax for using robots instead of people, Izvestia newspaper reported citing a proposal laid out by the Progressive Education Institute, an independent non-profit organization. The initiative has already been sent for review to Russia’s Finance Ministry and received support from some lawmakers and government officials. Also on rt.com First self-driving taxis to hit Moscow streets in 2024 Money received from […]
TORONTO (Sputnik) – Providing a guaranteed basic income for Canadians struggling with the economic impact of the COVID-19 pandemic could cost the government up to $72 billion, the Office of the Parliamentary Budget Officer said in a report. “The total estimated gross cost of the defined guaranteed basic income would range between $47.5 billion [$34.92 billion USD] and $98.1 billion [$72.12 billion USD] based on the three scenarios for the six-month period from October 2020 to March 2021”, the report said on Tuesday. The plan takes into consideration a phasing-out rate of 0.50, 0.25, and 0.15 Canadian dollars for each dollar […]
https://cdn1.img.sputniknews.com/img/107919/62/1079196215_0:0:3072:1728_1200x675_80_0_0_3d2ddede157d7be0a67693b05495a423.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202006101079578823-us-treasury-government-spent-3-times-as-much-money-in-may-as-it-received-in-income/ WASHINGTON (Sputnik) – The US government spent more than three times as much money in May as it received in the income of all kinds, generating a monthly deficit of almost $400 billion, the Department of the Treasury announced in a monthly report issued on Wednesday. Total government income and receipts amounted to $173.861 billion, but expenditures were more than three times as high running at $572.682 billion and generating a monthly deficit of $398.821 billion, the Treasury Department figures showed. In May, $184 billion were spent on income security, $92 billion on social […]
Two Year Study On Universal Basic Income Shows Success May 7, 2020 Two Year Study On Universal Basic Income Shows Success2020-05-072020-05-07https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/finlandubi-e1588859827395.jpg200px200px Above photo: A group of randomly selected Finns said knowing they were being paid the universal basic income relieved some of the stress in their lives. Photo: 123RF. Results of Finland’s basic income experiment: small employment effects, better perceived economic security and mental wellbeing. The basic income recipients were more satisfied with their lives and experienced less mental strain than the control group. They also had a more positive perception of their economic welfare. The interpretation of the employment effects of the experiment […]
Europe 09:43 GMT 07.05.2020Get short URL During the controversial two-year trial, 2,000 randomly chosen unemployed participants received a no-strings-attached €560 benefit each month, and were free to search for work and even start businesses. On average, the basic income resulted in an employment boost of a mere six days. A final analysis of Finland’s two-year basic income experiment found that the unconditional benefit received by recipients improved their mental well-being, but didn’t directly spur them into finding work, the newspaper Hufvudstadsbladet reported. While the recipients of the no-strings-attached 560-euro monthly payment reported feeling less mental strain, depression, sadness, and loneliness compared […]
Andrew Cuomo Democrat Governor Andrew Cuomo announced Tuesday that healthcare workers who voluntarily traveled to New York to help with the Coronavirus will have to pay state income taxes. Recall, Cuomo begged America’s healthcare workers to travel to New York to fight the outbreak at the hardest hit part of the nation. So THOUSANDS of medical workers left their families and traveled to New York, risking getting the virus in order to help others in need. Now Cuomo is taking money from the volunteer workers because his state has a $13 billion deficit. TRENDING: Armed Texas SWAT Team Raids Daddy Zane’s […]