Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Swiss To Pay Basic Income 2,500 Francs Per Month To Every Adult

Thursday, March 6, 2014 1:49
% of readers think this story is Fact. Add your two cents.

by M Caulfield
Exposing The Truth

Switzerland may start paying every adult (whether they work or not) a salary of over $2000 per month, based on the idea that their citizens will have more time to devote to things they are intrinsically interested in, instead of spending the majority of their time worrying about how they are going to survive, as many individuals with entry level positions find it hard to meet their needs. The income initiative promises every Swiss citizen a living wage , so they can always survive without basic financial worry.

The 2,500 francs would work out to be an income of 30,000 Swiss francs per year. Statistics released by the European Union in 2002 showed that Switzerland was the third most expensive country in Europe, after Norway and Iceland, to live in. Switzerland currently has a population of 8.02 million people, equivalent to that of large cities such as the San Francisco Bay Area which has a population of 7.15 million. They pay particularly high prices for meat, cooking oil, fish and vegetables. Basic utilities (electricity, heating, water, garbage) are around 200 francs per month, and the average rent of a one bedroom apartment in the city center runs about 1,400 francs.

B4INREMOTE-aHR0cDovLzQuYnAuYmxvZ3Nwb3QuY29tLy1pb0ZvQ19RQUhCRS9VeGVTd05sYVl0SS9BQUFBQUFBQVdYSS9zRlZmdzhpTmRFcy9zMzIwL3Blbm5pLmpwZw==

“Imagine you are being born and society tells you ‘Welcome, you will be cared for, and asks you what you want to do with your life, what is your calling? Imagine that feeling, that’s a whole different atmosphere “ – Daniel Straub, Co-founder, Basic Income Initiative

Parliament was presented with a petition signed by over 100,000 people, proposing to afford every citizen, regardless if they are working or not, a monthly paycheck of 2,500 Swiss francs. To mark the day, a truck full of 8 million five-cent coins was deposited on the square and spread out in front of the Swiss Parliament in Bern, supporters gathered around and spread the coins out using shovels. A typical fast-food worker in the US earns roughly $1,500 per month. Anything less than that specified amount of 2,500 francs, would be deemed illegal, even for people working in one of the lowest paid jobs.
Read more »



Source: http://www.riseearth.com/2014/03/swiss-to-pay-basic-income-2500-francs.html

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

Loading...

Top Global

Top Alternative

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.