The Guardian view on universal basic income: tax data giants to pay for it | Editorial - News Summed Up

The Guardian view on universal basic income: tax data giants to pay for it | Editorial


One surprising policy proposal the former Democratic presidential candidate contemplated was a form of universal basic income (UBI). Mrs Clinton eventually backed away – but now thinks she should have “thrown caution to the wind”. Mrs Clinton favoured Alaska’s UBI model where a fund financed by the state’s oil boom pays out a yearly dividend to every citizen. Mrs Clinton tried, and failed, to make the numbers work by looking at spectrum levies. But if data is the new oil, why not tax the Googles of this world for the use of customers’ data?


Source: The Guardian September 15, 2017 17:48 UTC



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