Oregon Voters to Consider Approving Nation’s First Universal Basic Income

by Scottie Barnes | The Epoch Times

Oregonians will vote in November on a controversial ballot measure that would give every resident, regardless of age or income, $1,600 each year—as long as they live at least 200 days in the state.

A family of four would receive $6,400 annually, with no strings attached. The money would be nontaxable and would not affect other benefits.

If voters approve Measure 118, the universal basic income (UBI) program would be funded by a tax on the gross receipts of corporations that generate more than $25 million in annual sales.

Oregon would be the first state to roll out such a comprehensive UBI.

As of June, no U.S. states had a UBI program, though several states and cities have run pilot programs. Read Full Article >