The government in Finland are doing the unthinkable! Instead of offering benefits, they are going to pay every single citizen 800 euros regardless of whether they are working or not – with 69% of citizens agree with the idea.
The idea is simple, people who don’t work should never earn more than the people that do. This is often the case with the traditional benefits system and has been a real problem in the UK in recent years.
The social security system in both the UK and Finland is complex and millions of pounds are wasted on bureaucracy. This system simplifies everything. If you are citizen 800 euros will appear in your account every month, then any work you do will supplement it. Simple.
Prime Minister Juha Sipila was quote by QZ as backing the idea. “For me, a basic income means simplifying the social security system,” she said.
The proposal, according to Bloomberg, would cost the government 52.2 billion euros a year.