Universal basic income, also called unconditional basic income, citizen's basic income, basic income guarantee, basic living stipend, guaranteed annual income, universal income security program or ...

How does a universal basic income work?

Recovery UBI is affordable

That provides every Canadian adult with an additional $500/month they can count on, no matter their circumstance. It further provides every individual with the security of a guaranteed minimum income of $2,000/month ($3,000/month per couple with $1,500 per additional adult in the family).

How much would a universal basic income be?

Georgetown University academics found a UBI scheme would eradicate absolute poverty in the UK at the cost of £67 billion per year, or about 3.4 per cent of GDP, paid for by reducing corporate subsidies and tax breaks.