Money

A Swiss village is crowdsourcing for a basic income experiment to give residents up to $2,570 a month

9 monthes ago   |   By Business Insider

Harold Cunningham/Getty Images
A Swiss filmmaker is raising money to start a basic income experiment for hundreds of residents in the town of Rheinau.
Participants age 25 and older will receive $2,570 per month for a year.
In a 2016 referendum, 77% of Swiss voters said they did not support a universal basic income.
Two years ago, voters in Switzerland overwhelmingly rejected a referendum on universal basic income, with over two-thirds of voters saying they did not support a program giving citizens unconditional cash payments every month.
Nonetheless, the basic income proposal appealed to...
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