What minimum wage? This country wants minimum income!

 

Switzerland intends to introduce a basic income for all adults. This means all adults in Switzerland will receive an unconditional income of SF$2,500 (~S$3400) per month.

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The initiative’s organizing committee said the basic income could partly be financed through money from social insurance systems in Switzerland.

 

 

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Indeed we made a few assumptions on how we think the Swiss would roll this out. But anyway, that’s just us. What do YOU think of free money handed out by the state?

 

 

 

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About the author

Tay Leong Tan

Tay Leong Tan is a collective of 3 writers. Tay, Leong and Tan. (Who were you expecting?!) We are enthusiastic about labour issues, economics and current affairs in particular.

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