Switzerland government plans to give all adults £425 a week to end poverty

[jayesh30202]

The controversial proposal will go to a nationwide referendum - but many think the plan would be abused by many who chose not to work.

 

End poverty: The plan would cost an estimated £143 billion a year

 

The Switzerland government plans to pay every single adult a guaranteed £425 a week – whether they work or not .

 

The radical plan will be voted on in a countrywide referendum later this year.

 

If the Swiss vote yes it would make the country the first in the world to pay all of its citizens an unconditional income, with politicians hoping it could help abolish poverty.

 

Under the scheme each child would also receive £100 a week.

 

The government estimates the cost of the proposal at £143 billion a year.

 

Incentive: The Swiss government would switch funds from social assistance spending

 

Around £105 bn would be raised from taxes, while £38 bn would be transferred from social insurance and social assistance spending.

 

The initiative’s committee said in a statement: “The argument of opponents that a guaranteed income would reduce the incentive of people to work is therefore largely contradicted.”

 

The group said a new survey showed that the majority of Swiss residents would continue working if the guaranteed income proposal was approved.

 

Only two percent would stop working, while eight percent said they could may stop working depending on circumstances.

 

However, a third of the 1,076 people interviewed for the survey by the Demoscope Institute believed that ‘others would stop working’.

 

And more than half of those surveyed (56 percent) believe the guaranteed income proposal will never see the light of day.

 

Source

[Holmes]

I made 4 hundred dollars a week in my first job and I made it work.  Its easier then people think the hard part is for derelicts to say no to alcohol.

[stylemessiah]

Well Switzerland is full of blood money from the Nazi's and stolen from the poor Jews, so theres that...its not like theyve ever run out of that.

 

 

 

[truemate]

swiss bank.. how many illegal ,Scam money they kept it from around the world.. not even disclosing it..Shame on them.

Using those money to distribute to their lazy peoples...

[topmoxie]

Not going to decrease poverty, rich will get richer, may increase movement to Switzerland.