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Universal Basic Income (UBI) is a concept gaining momentum globally, with trials underway in various countries. It is a social policy that aims to provide a basic income to cover the cost of living, potentially changing the way people work and go to school. There are differing views on how UBI should be implemented, with some advocating for it to replace welfare programs while others see it as an additional benefit. In this video, the focus is on a minimum basic income that would provide enough money to live above the poverty line in the US, approximately $1,000 a month or $12,000 a year, without being taxed. The ultimate goal is to explore how UBI could impact society and individuals' choices.
