One of the World's Most Expensive Countries Is Debating Giving Away Money

Switzerland's unconditional basic income initiative proposes $30,000-a-year payout for everyone
By
Catherine Bosley
From

Switzerland Proposes Paying $30,000-a-Year for Everyone

The Swiss are discussing paying people $2,500 a month for doing nothing.

The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare benefits. Although the initiators of the plan haven’t stipulated how large the payout should be, they’ve suggested the sum of 2,500 francs ($2,500) for an adult and a quarter of that for a child.

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