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Switzerland to vote on $2,800 monthly ‘basic income’ for adults

By Eric Pfeiffer, Yahoo News October 5, 2013 2:19 PM The Sideshow

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Swiss "basic income" supporters drop coins outside the capital (Reuters)

More than 100,000 residents in Switzerland have signed a petition demanding that the government ensure a minimum monthly income of nearly $2,800 (2,500 Swiss francs) for all adults in the country.

Swiss to vote on $2,800 monthly income for all adults

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In a move to combat growing pay inequality, Swiss citizens will vote on whether to give every adult in Switzerland a basic…

 

BERNE — Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.