Switzerland will be the first country in the world to vote on having a national wage of £1,700 a month

[Rob L 3,811]

http://www.independent.co.uk/news/world/europe/switzerland-will-be-the-first-country-in-the-world-to-vote-on-having-a-national-wage-of-1700-a-month-a6843666.html

Switzerland is set to vote on a proposal that wants to pay everyone 2,500 Swiss francs (£1,700) a month regardless of whether people are working or not.

If the plans go through, it will become the first country in the world to provide a basic unconditional monthly income, and they are already the first country to vote on the matter.

The idea, which has been put forward by a group of intellectuals who insist people will still want to work and get jobs, has not received positive interest from either left and right sided politicians.

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The federal government approved to vote on the intiative in June.

The rationale behind the scheme is to break the link between employment and income, where people will have guaranteed income regardless whether they are in employment or not.

The committee’s proposal is absed on a survey, carried out by Demoscope Institute, which reportedly showed the majority of Swiss residents would carry on working, or still look for a job, even if the guaranteed income was approved.

The survey also said only two per cent of people were likely to stop working, while eight per cent said they “could envisage this possibility depending on circumstances,” reported the Local.

In a statement, the committee said: “The argument of opponents that a guaranteed income wouldn’t reduce the incentive of people to work is by this largely contradicted.”

The initiative also wants to give each child 625 francs a month (£430).

The results of the survey showed a third of the 1,076 people interviewed, believed if the proposal came into force, other people would stop working.

While 56 per cent of those surveyed said the proposal will “never see the light of day”

[Dashinka 24,494]

I wonder who pays for this? Will it contain a provision that if the people that decide to freeload goes above 8% the wage is removed?

[Advanced Aardvark 82]

If approved, it will be interesting to see whether savings from dismantling a portion of the Swiss welfare apparatus will cover any significant portion of the minimum income expenditure.

Having spent some time in Switzerland, I suspect that the vote on this proposal will not pass. Virtually all Swiss that I know have a deeply ingrained work ethic. They are OK with compassionate assistance to the needy; but, are also highly suspicious of schemes that would lower their national standard of living. The minimum income mentioned is likely to create a permanent economic underclass.

[Boiler 45,499]

Tax the Bankers?

[The Nature Boy 7,659]

http://www.independent.co.uk/news/world/europe/switzerland-will-be-the-first-country-in-the-world-to-vote-on-having-a-national-wage-of-1700-a-month-a6843666.html

Switzerland is set to vote on a proposal that wants to pay everyone 2,500 Swiss francs (£1,700) a month regardless of whether people are working or not.

If the plans go through, it will become the first country in the world to provide a basic unconditional monthly income, and they are already the first country to vote on the matter.

The idea, which has been put forward by a group of intellectuals who insist people will still want to work and get jobs, has not received positive interest from either left and right sided politicians.

READ MORE

The federal government approved to vote on the intiative in June.

The rationale behind the scheme is to break the link between employment and income, where people will have guaranteed income regardless whether they are in employment or not.

The committee’s proposal is absed on a survey, carried out by Demoscope Institute, which reportedly showed the majority of Swiss residents would carry on working, or still look for a job, even if the guaranteed income was approved.

The survey also said only two per cent of people were likely to stop working, while eight per cent said they “could envisage this possibility depending on circumstances,” reported the Local.

In a statement, the committee said: “The argument of opponents that a guaranteed income wouldn’t reduce the incentive of people to work is by this largely contradicted.”

The initiative also wants to give each child 625 francs a month (£430).

The results of the survey showed a third of the 1,076 people interviewed, believed if the proposal came into force, other people would stop working.

While 56 per cent of those surveyed said the proposal will “never see the light of day”

that's around 2450 US per month . Who is going to pay for it. I wish they would do that here. I would so stop being un retired

[Rob L 3,811]

that's around 2450 US per month . Who is going to pay for it. I wish they would do that here. I would so stop being un retired

What would you do being un-un-retired?

Edited February 1, 2016 by Rob L

[The Nature Boy 7,659]

What would you do being un-un-retired?

Well being un retired would mean I am retired again. or at least that is what I meant

Werds and all be hard

[Darnell 8,478]

hey - i wonder how many people are going to move to switzerland for their retirement, if'n this actually passes ?

I can see China emptying out, too many old people and they gotta go somewhere.

[Rob L 3,811]

hey - i wonder how many people are going to move to switzerland for their retirement, if'n this actually passes ?

I can see China emptying out, too many old people and they gotta go somewhere.

Darnell you are a genius.....

My Mom is a naturalized Swiss citizen. Maybe they have a generous family visa program

I can get her to sponsor my citizenship and un un retire to take those Alphorn lessons that are on my bucket list

Edited February 1, 2016 by Rob L