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Finland

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Planned Basic Income For All in Finland

 •  Filed under Europe, Finland, Economy

In its final version, the basic income would replace other benefits people currently receive, and would therefore be rather high, as indicated by Kela’s Research Department Director Olli Kangas. It is considered that all Finnish citizens would be paid an untaxed benefit sum free of charge by the government, 800 euros a month in the final version, 550 euros monthly in the model’s pilot phase.

Basic income: how Finland plans to implement the first nation-wide project in the EU by Finland Politics

It will be very interesting to follow if this is a success.