Thursday, December 10, 2015

Citizens' Income Plan

One government have already contemplated the idea of giving their citizens a basic income. After all, the country does earn revenue and it is fair that part of the income earned be returned to its citizens.
Finland’s government have drawn up plans to give every one of their citizens a basic tax-free income of €800 (RM3,653) a month and with it, scrap benefits altogether.
The Finnish Social Insurance Institute (Kela) poll showed 69 percent of the country’s population approved the citizens’ income plan. Prime Minister Juha Sipila had spoken in support of the proposal before, saying “For me, a basic income means simplifying the social security system”.
If the population of 5.4 million Finns was given 800 euros each every month, it would cost the government 52.2 billion euros a year. A pilot phase based on Kela's proposal would be trialed before the basic income is fully implemented.
The country’s government will make a final decision on the plan in November 2016.
The Dutch city of Utrecht is also planning to trial basic income next year, though the payments would only be for welfare recipients.
The parliament in Switzerland voted strongly against a motion for a basic income in September, but a referendum on the issue is planned for next year.
Note: Malaysia has some sort of a payment scheme too – it is called BR1M. At best, it is a token sum. The 1Malaysia People's Aid, more popularly known by its Malay acronym, BR1M, is a government scheme that was first established in 2012, as an election gimmick. It serves to offer some monetary assistance to households that fall into the low-income group, in order to combat the rising cost of living.
Last evening, I was in Subang Jaya’s USJ9 to evaluate a CC speech #9. Subang Toastmasters almost always seem to be able to organize quality meetings and more importantly, serve quality speeches. 
Yesterday was no different and indeed I enjoyed the meeting very much.

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