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Finland’s residents may be given a monthly income of $868 – for doing nothing
Fox News ^ | 12-7-15

Posted on 12/07/2015 12:19:17 PM PST by markomalley

Finland's citizens could soon receive tax-free payouts of roughly $868 a month - just for living in the country.

Proposals being drawn up by the Finnish Social Insurance Institution call for a national basic income that would replace other benefit payments, regardless if the recipient is working or not, The Telegraph reports. It's not clear how Finland would shore up enough cash to make the payouts each year, according to Bloomberg.

Still, government officials say they're trying to encourage more people to return to work. More than 10 percent of Finland's workforce is unemployed, with figures soaring to 22.7 percent among younger workers, according to the Telegraph.

(Excerpt) Read more at foxnews.com ...


TOPICS: Foreign Affairs; Government
KEYWORDS: europeanunion; finland; miltonfriedman; minimumwage; nato; negativeincometax; obamarecession; obamataxhikes; ubi; universalbasicincome; welfare
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1 posted on 12/07/2015 12:19:17 PM PST by markomalley
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To: markomalley

This should be a nice Muslim magnet.


2 posted on 12/07/2015 12:20:13 PM PST by headstamp 2
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To: markomalley

And the money comes from? Printing presses? Bit coins? No. It comes from the producers, who get raped.


3 posted on 12/07/2015 12:22:10 PM PST by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. .)
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To: markomalley; GOPsterinMA; EinNYC
So Basically like they were in a Road Workers Union.

You know people who fix Pot Holes in the South Bronx and don't do anything.

Or The Big Dig in Boston. >:P

4 posted on 12/07/2015 12:22:27 PM PST by KC_Lion (The fences are going up all over Europe. We shall not see them down again in our lifetime.)
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To: markomalley

And when Finland runs out of people who work from whom they get that money, then what? Riots like in Greece no doubt.


5 posted on 12/07/2015 12:23:16 PM PST by SkyDancer ("Nobody Said I Was Perfect But Yet Here I Am")
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To: markomalley

Frankly, if this replaces other benefits, it might be cheap. That is, they wouldn’t be directing all of their resources into their Muslim immigrant population, but everybody would have the same basic amount (monthly minimum wage) and therefore the Muslims couldn’t suck it all off into huge expensive programs to benefit solely Muslim “immigrants.”


6 posted on 12/07/2015 12:23:32 PM PST by livius
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To: Vaquero

This replaces other benefit programs.


7 posted on 12/07/2015 12:24:08 PM PST by livius
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To: markomalley

Crikey!

They reduced it already?

Yesterday it was a $1000 per month!

http://www.freerepublic.com/focus/f-news/3369075/posts

Finland is considering giving every citizen $1000 a month


8 posted on 12/07/2015 12:24:22 PM PST by Covenantor ("Men are ruled-...by liars who passing refuse the. news, and by fools who cannot govern." Chesterton)
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To: headstamp 2

I bet a reindeer is harder to mount than a goat.


9 posted on 12/07/2015 12:25:38 PM PST by Resolute Conservative
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To: Covenantor

868 whatever-their-currency-unit-is per month. Equals $1000/mo.


10 posted on 12/07/2015 12:25:44 PM PST by ctdonath2 (History does not long entrust the care of freedom to the week or the timid. - Ike)
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To: markomalley

If I do even less than nothing, can I get more?


11 posted on 12/07/2015 12:26:07 PM PST by CommerceComet (Ignore the GOP-e. Cruz to victory in 2016.)
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To: markomalley

“More than 10 percent of Finland’s workforce is unemployed, with figures soaring to 22.7 percent among younger workers”

Ya think? Take people who have practically no expenses and no living requirements (one small sparse studio apartment in-town) and tell them you’ll pay their way if they do nothing? heck yeah 20% will jump onto the couch at the chance.


12 posted on 12/07/2015 12:27:15 PM PST by ctdonath2 (History does not long entrust the care of freedom to the week or the timid. - Ike)
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To: markomalley
Finland’s residents may be given a monthly income of $868 . . . Finland's citizens could soon receive tax-free payouts of roughly $868 a month - just for living in the country.

I wonder whether this is citizens or residents. It makes a big difference.

13 posted on 12/07/2015 12:27:33 PM PST by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: markomalley

Chump change. Our deadbeats get WAY more than that.


14 posted on 12/07/2015 12:28:54 PM PST by bigdaddy45
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To: markomalley

Must be nice living under someone’s nuclear umbrella and not having to pay to defend yourself..


15 posted on 12/07/2015 12:29:36 PM PST by ArtDodger
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To: markomalley

It’s not clear how Finland would shore up enough cash

Easy Answer:

By Burying their children in perpetual debt to pay for their wants today. JUST LIKE US

What did I win?


16 posted on 12/07/2015 12:30:37 PM PST by eyeamok
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To: markomalley

Doing that here would cost taxpayers $3.6T per year.

As others note: I’m fundamentally opposed to the idea, but if that means completely replacing the entire welfare system with “here’s $1000/month, now it’s _entirely_ your problem”, and there’s no realistic chance of otherwise cutting back welfare payments (people on verge of revolution at talk of merely reducing the rate of increase), I’ll settle for it. I also know it will never happen because (A) they’ll _always_ agitate for more using whatever special case they can imagine, and (B) in no way will the government dismiss the gazillion bureaucrats & paper-pushers subsidized by current complex welfare handouts.


17 posted on 12/07/2015 12:32:43 PM PST by ctdonath2 (History does not long entrust the care of freedom to the week or the timid. - Ike)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
Yeah, that should work. Thanks markomalley.

18 posted on 12/07/2015 12:33:00 PM PST by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: CommerceComet
Is that you, Wally?


19 posted on 12/07/2015 12:35:07 PM PST by C210N (When people fear government there is tyranny; when government fears people there is libertye)
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To: bigdaddy45

It’s supposed to replace existing welfare programs. In a sick twisted way they may SAVE money not needing armies of bureaucrats to push all that paperwork.

Though the bureaucrats themselves will then be unemployed and go on the dole.


20 posted on 12/07/2015 12:36:29 PM PST by Buckeye McFrog
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