Finland plans to give every citizen a basic income of 800 euros a month

tay

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The Finnish government is currently drawing up plans to introduce a national basic income. A final proposal won’t be presented until November 2016, but if all goes to schedule, Finland will scrap all existing benefits and instead hand out 800 euros per month—to everyone.

It sounds far-fetched, but it’s looking likely that Finland will carry through with the idea. Whereas several Dutch cities will introduce basic income next year and Switzerland is holding a referendum on the subject, there is strongest political and public support for the idea in Finland.

A poll commissioned by the government agency planning the proposal, the Finnish Social Insurance Institution or KELA, showed that 69% support (link in Finnish) a basic income plan. Prime minister Juha Sipilä is in favor of the idea and he’s backed by most of the major political parties. “For me, a basic income means simplifying the social security system,” he says.

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Finland plans to give every citizen a basic income of 800 euros a month - Quartz
 

Jinentonix

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Finland does have some interesting ideas. I like their idea that fines are based one one's ability to pay ie; based on your gross annual income or net worth. The largest speeding fine in history was handed out in Finland a few years back to the tune of $715,000USD.