Support of Universal Basic Income

There are experiments happening with Universal Basic Income (UBI) and participants around the world. Governments recognize it will be easier to tax and bring in extra revenue by giving the poorest of the poor an allowance.

Without UBI there would be less spending. With UBI the number of transactions rises, giving more monetary wealth to all who provide an item or service.

One might look at UBI as the minimum to supply yourself so you can work a job. Money can be spent for a place to live, clothing, and food. In this case it provides the basics and is a hand up to maintain the worker to get to their workplace, not a hand out. 

People will still want luxury items such as internet, smartphones, toys, books, and so much more.





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