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Strategies & Market Trends : Universal basic income (UBI) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (407)	7/5/2021 3:32:07 PM
From: Glenn Petersen	Respond to of 455

The MIT article is overly long and wanders all over the place, but the most encouraging takeaway is that the focus of the UBI advocates has shifted from a universal basic income to a guaranteed income that is targeted to address a specific need. I am going to be particularly interested in seeing how the expanded Child and Dependent Tax Credit program plays out. I believe that it is going to lift a lot of families above the poverty line. Unfortunately, the program ends at the end of the year. I would like to see it extended for at least another year, which would provide more data for analysis.